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Not really, no? When the monetary system itself is as unstable as it is, I struggle to think of what could be a good store of value. Maybe we should all just a
by FlownScepter 6y ago
Not really, no? When the monetary system itself is as unstable as it is, I struggle to think of what could be a good store of value.
Maybe we should all just acknowledge that money is made up and any security it provides depends on tons of interconnected systems made up of people largely unaccountable to the layman.
Edit: I think the mistake people make is trying to create stability on unstable ground.
- artificialLimbs 6y ago> ... I struggle to think of what could be a good store of value. Land.
- FlownScepter 6y agothe 2008 mortgage crisis has entered the chat But yeah, fair point. It's pretty much the only 99% safe asset.
- machinebun 6y agoTell that to landowners in 1917 Russia :)
- jazzyjackson 6y agoIf facebook is having a hard time censoring anti-vaxxers, imagine when the term "land reform" starts making the rounds.
- FlownScepter 6y agoI said 99%. :P
- mateuszf 6y agoLand is hard to liquidate when needed, unless it's in a popular place.