4 ms·
Of course this is true of the US dollar. The US Dollar loses value over time. In this respect, it's no different than countries with awful inflation, just the
by stblack 6y ago
Of course this is true of the US dollar. The US Dollar loses value over time. In this respect, it's no different than countries with awful inflation, just the inflation rate is lower. That's the very definition of bad money in Gresham's law.