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The amazing thing about currency being actual valuable things (like precious metals or gems) is that it cannot be devalued by "printing" more of it from non-val
by Fjolsvith 8y ago
The amazing thing about currency being actual valuable things (like precious metals or gems) is that it cannot be devalued by "printing" more of it from non-valuable things.
Nations try to avoid this because they can spend freely on a promissory note currency system. It is a recipe for disaster in the long term.