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A comment on Why inflation is not a threat. Parent comment

Re:Why inflation is not a threat by hkt on Sunday March 14, 2021 @10:12AM (#26455609)
Actually, all money is backed by the available goods and services in an economy. It is a plate that spins itself.
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Re:Why inflation is not a threat by lotsofpulp on Sunday March 14, 2021 @11:35AM (#26456221)
No one is forced to give up their goods and services for any specific money.

Money is “backed” by the trust that someone else will be willing to accept it at a later date for goods and services.

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Re:Why inflation is not a threat by hyko on Sunday March 14, 2021 @12:22PM (#26456533)
Well, you’re forced to pay your taxes in specific money, so that’s one thing.
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