3 ms·
why?
by zja 5y ago
why?
- syshum 5y agoThe reasons are far too numerous to list all of them here, entire books have been written outlying why Fiat currency is bad over all for humanity however for me, I am supporter of extremely limited government, as such commodity based money is a natural limit on how much government a civilization can have, as government can only directly tax soo much before the citizens revolt, fiat currency allows them to tax by inflation and take on far more debt than a commodity currency would allow. Also fiat currency makes War between nations far more economically possible.
- brighton36 5y ago"anything but this" is a compelling direction, when people don't subscribe to a least-worst model of governance. 'Anything but this' is an utopian path. There's really no justification or even rationalization, for compromise, online. 'Anything but this' is a form of 'cures whatever ails you'.