3 ms·
> but could simply be printed when needed. This created huge money supply inflation This could and did happen before 1971. The US government has always been a
by mywittyname 5y ago
> but could simply be printed when needed. This created huge money supply inflation
This could and did happen before 1971. The US government has always been able to issue debt. And paper money, in the form of bonds, has been a staple of the country's financial systems since long before it was a country. Mostly owing to the fact that England largely prohibited the export of specie to the colonies. Forcing states to figure out their own monetary systems.
> Can you imagine an piece of IKEA furniture being used daily and lasting for >40 years?
Yes. I have plenty of of IKEA furniture that's seen daily use for ~20 years and still looks brand new. People don't seem to realize this, but IKEA does sell solid wood furniture. I have an entire bedroom set (and matching shelves) that are made of solid wood with a thin resin coating that prevents scratches and dings. The bedframe does need the screws tightened on occasion, but with the dresser, I put it together with wood glue and never bother to empty it when moving (glued dowels are essentially as strong as a mortise and tenon joint) . It's survived like five moves without issue. My old desk found a spot as a work bench in my shop as the tabletop is incredibly durable. I'd love to find another one.
My parent's house still has the IKEA flooring that we installed in like 2002. Even their cheapo furniture isn't bad. I'm still rocking these $5 end tables that I bought in like 2008. I put some dowels in the feet and stacked them to make a shelve that converts into a low table for my shop.
Not only will IKEA furniture still be around in 40 years, due to survivorship bias, they will be known for making incredibly durable furniture by future generations.
- Iwan-Zotow 5y ago> I'd love to find another one how about bamboo tabletops? https://www.ikea.com/us/en/p/anfallare-tabletop-bamboo-00465141/ https://www.ikea.com/us/en/p/anfallare-tabletop-bamboo-00465...