Re:Texas moves to create gold-backed digital currency
by Finnucane on Tuesday May 09, 2023 @09:44AM
(#35874191)
Note also that historically, the gold standard didn't actually prevent inflation.
Re:Texas moves to create gold-backed digital currency
by hakfoo on Tuesday May 09, 2023 @10:05PM
(#35882774)
The operative portion was the other half of the sentence.
It's never a "they're targeting a number that they believe in good faith will maximize economic activity on a national level", it's always "devaluing my existing holdings gives $boogeyman_ethnic_or_political_group an advantage" like you're somehow prohibited from investing.
imagine writing this as ironic mockery during an ongoing inflation crisis.