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> The point is that an inflationary fiat currency offers maximum flexibility by not forcing anyone into treating it as more than a medium of exchange. The OP i
by chordalkeyboard 6y ago
> The point is that an inflationary fiat currency offers maximum flexibility by not forcing anyone into treating it as more than a medium of exchange. The OP is demanding the creation of a new class of thing, which is designed to preserve wealth, with no risk.
Thank you for the complement but I didn't invent banking.
- arcticbull 6y agoSeemingly misunderstood it though. It was never a risk-free return. Nobody that offers you 12% APY is offering you a risk-free return :) that's a good rule to live by.