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Central banks do not guarantee purchasing power of gold or bitcoin. (A note, The questions I made above are not meant to be snarky. Those are the kind of ques
by beefield 7y ago
Central banks do not guarantee purchasing power of gold or bitcoin.
(A note, The questions I made above are not meant to be snarky. Those are the kind of questions I struggled literally for months when I tried to get my head around negative rates and whether they make sense or not.)
- SuoDuanDao 7y agoHow do they guarantee the purchasing power of legal tender? Serious question, I thought the health of the economy and the need to pay taxes was all that did that.