Re:Financial anxiety: The alarming side effect of inflation
by diogenes4 on Monday October 09, 2023 @01:15PM
(#37822702)
Sorry, is there any reason to expect money to revert to behaving like gold any time soon? Sounds suspiciously like crypto tripe. Why would that be beneficial anyway? The relative purchasing power of poor countries won't change without some serious shifting in resource distribution worldwide.
Re:Financial anxiety: The alarming side effect of inflation
by latchkey on Monday October 09, 2023 @03:18PM
(#37824177)
I saved this comment a while ago... https://news.ycombinator.com/item?id=26238410
Re:Financial anxiety: The alarming side effect of inflation
by rando_dfad on Monday October 09, 2023 @01:27PM
(#37822875)
Hard as gold, perhaps?
That creates other issues. Volatility, for one.
Re:Financial anxiety: The alarming side effect of inflation
by ImHereToVote on Tuesday October 10, 2023 @03:44AM
(#37829502)
Gold creates hoarding behavior. Bitcoin has the same down side. Currencies need to have fluidity. The problem is how the fluidity happens. It can't be controlled by private interests. This is an unsolved monetary problem. I don't think it's unsolvable though.
It won’t change until we have actual hard money that can’t be debased by leaders/bankers/politicians.