3 ms·

Inflation is a different problem: a bird in the hand is worth two in the bush, but if you have a bird in your hand you are better off trading it for a table bec

by saurik 5y ago

Inflation is a different problem: a bird in the hand is worth two in the bush, but if you have a bird in your hand you are better off trading it for a table because somehow a table in the hand depreciates less than a bird?

fnord123 5y ago
I mean, yes? Are we explaining investing from first principles?
- lowkey 5y ago
  I think the argument is that we are discussing the difference between the: A) time value of money B) inflationary aspects of fiat currency vs hard currency