Re:Low interest rates in advanced countries have pushed mone...
by atweiden on Thursday November 25, 2021 @05:18AM
(#29339989)
What even is “democratic money”? We live in a plutocracy, do we not [1]?
> whole point of a fixed supply is to make money exclusive
In this case, it’s to obviate the need to take your inflationary funbucks to what is essentially a casino, or otherwise park it in residential property in the hopes of not getting debased.
> whole point of a fixed supply is to make money exclusive
In this case, it’s to obviate the need to take your inflationary funbucks to what is essentially a casino, or otherwise park it in residential property in the hopes of not getting debased.
[1]: http://www.princeton.edu/~mgilens/Gilens%20homepage%20materi...