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Indeedy. My country has 7% inflation. And that calculation is done by the very state that is responsible for inflation so their word on this only means so much.
by IGotThroughIt 7y ago
Indeedy. My country has 7% inflation. And that calculation is done by the very state that is responsible for inflation so their word on this only means so much. Any other currency or store of value that solves this is more than welcome.
- twistiti 7y agoWould it be a solution for you to buy foreign currencies with lower inflation amount (e.g. EUR)?
- azernik 7y ago"capital controls" generally includes foreign exchange controls, i.e. restrictions on conversion to foreign currency and local use of foreign currency. https://en.wikipedia.org/wiki/Foreign_exchange_controls https://en.wikipedia.org/wiki/Foreign_exchange_controls
- meschi 7y agoAnd why should this be different for a private currency controlled by facebook?
- austhrow743 7y agoIt shouldn't. All capital control is terrible. It could be different though.
- IGotThroughIt 7y agoA lot of wealthy people do that. It isn't as straight forward though. It would be nice to be able to do so on the internet and for smaller amounts.