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It’s isn’t really. Look at Zimbabwe hyperinflation. I have a trillion dollar note here. Cash is only worth what someone else agrees it is worth.
by hvgk 5y ago
It’s isn’t really. Look at Zimbabwe hyperinflation. I have a trillion dollar note here.
Cash is only worth what someone else agrees it is worth.
- DyslexicAtheist 5y agoantifragile doesn't mean no shocks no sacrifices. it's regular shocks and sacrifices to reduce chances of black swan events. Zimbawe is a (predictable) white swan event not a black swan.
- midasuni 5y agoYou can burn cash for heating