Re:Show HN: M1 Chart – The stock market adjusted for the US-...
by nabla9 on Sunday February 14, 2021 @03:21PM
(#26135875)
> Except that fiat money can be analyzed axiomatically
Not in a meaningful way. (meaningful = related to real economy). If you just look at the numbers in a silly accountant fashion, and population doubles, analysis is meaningless.
You need want to keep money relatively stable (say 2% inflation) you need to keep adding money to match changes in demand or factors of production.
Not in a meaningful way. (meaningful = related to real economy). If you just look at the numbers in a silly accountant fashion, and population doubles, analysis is meaningless.
You need want to keep money relatively stable (say 2% inflation) you need to keep adding money to match changes in demand or factors of production.