3 ms·
Inflationary currency does absolutely nothing to discourage saving value, it merely discourages saving value in currency by stuffing it under a pillow, where it
by msbarnett 15y ago
Inflationary currency does absolutely nothing to discourage saving value, it merely discourages saving value in currency by stuffing it under a pillow, where it does no one any good.
Save your value in assets.
- mcantelon 15y agoConverting money to an asset isn't a great boon to the economy, and assets are vulnerable to depreciation. The North American drumbeat urging the sacrifice of security for "the economy" is interesting... reminds me of communism's drive to sacrifice for "the collective".