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How would you suggest hedging against the death of fiat currency without buying a non fiat currency?
by VoiceOfWisdom 6y ago
How would you suggest hedging against the death of fiat currency without buying a non fiat currency?
- JumpCrisscross 6y ago> How would you suggest hedging against the death of fiat currency without buying a non fiat currency? We’re aware there are non-U.S. dollar currencies out there? And non-currency assets one can buy?
- phs318u 6y agoMaybe it's just me, but if we truly see the (global) death of fiat currency, the inability of Elon Musk to sell a Tesla is gonna be among the very least of anyone's problems.
- solveit 6y agoIn general yes, but I think Musk's inability to sell Teslas is going to be a major problem for the particular person deciding whether Tesla buys BTC or not.
- deleted 6y ago[deleted]
- imtringued 6y agoNigera is suffering from high inflation and their problem is that they aren't mechanizing their agriculture sector. The end result is that they import a lot of food and fail to export their cash crops. If the government borrowed/printed money and used it to grow the agriculture sector they could actually stave off inflation despite increasing the money supply.
- rafiki6 6y agoAs per usual, the major issue with fiat currency is how poorly the government is managing the country.