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I think you are confusing cause and effect. Trust is lost when the government destroys the value of the currency, by e.g., printing money. > Trust in the valu
by Lazare 10y ago
I think you are confusing cause and effect. Trust is lost when the government destroys the value of the currency, by e.g., printing money.
> Trust in the value of currency is how money retains value.
No, not running the printing presses to pay your bills is how money retains value. :) And a history of retaining value is how a currency becomes trusted.