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You're pointing out a difference between currency and money, but then treating USD like it's an investment that's a massive loss since 1913, though the point of
by ryan_lane 5y ago
You're pointing out a difference between currency and money, but then treating USD like it's an investment that's a massive loss since 1913, though the point of USD is meant to be a currency, and not a store of value. You're meant to use it at its current price, and it's intended to be worth less over time to encourage you to spend it.
Investments, valued in USD, beat inflation, so it doesn't matter that the USD is inflationary.
- nateabele 5y agoAmazing. Only on HN. Technically correct, yet completely disconnected from reality: Forget the propaganda about the financial system that we've all grown up with, blame it on user error, and utterly disregard anyone who doesn't derive their income from assets and has to buy groceries (i.e. most of the user base).