4 ms·

Dude… Venezuela, for example?

• RugnirViking 5y ago
  Literally the rest of the earth manages to get along just fine. If you're suggesting a bank controlled by a single idiot centralised dictator has the potential to fail, I can point to many thousands of rug pulls on the supposedly "immune" blockchain.
  • eric_cc 5y ago
    > Literally the rest of the earth manages to get along just fine. This is absolute bullshit. Literally your little bubble in your mind manages to get along just fine.
    • RugnirViking 5y ago
      ? The economy Exists. It's right there - I can go to the store and buy things with my money. Don't be ridiculous.
      • eric_cc 5y ago
        https://en.m.wikipedia.org/wiki/List_of_countries_by_inflation_rate https://en.m.wikipedia.org/wiki/List_of_countries_by_inflati... https://www.statista.com/statistics/268225/countries-with-the-highest-inflation-rate/ https://www.statista.com/statistics/268225/countries-with-th... Damn pesky facts. Always messing up the way you Feel!
        • RugnirViking 5y ago
          Nothing in those links contradicts what I'm saying.
• AlexandrB 5y ago
  Love it when this gets dragged out. Nevermind the hundreds(?) of other countries that have nearly a century of mostly-stable economic activity under non-gold-backed fiat currency. This is like saying that all pilots are actually trying to crash airplanes because some airplanes have crashed in the past.
  • eric_cc 5y ago
    No the point is that there are major losers in the current paradigm. Here are 19 other countries with double-digit inflation right now: https://www.statista.com/statistics/268225/countries-with-the-highest-inflation-rate/ https://www.statista.com/statistics/268225/countries-with-th... My speculation is that, on a long enough timeframe, every country eventually becomes a loser when they are using government-controlled currencies. Corruption is inevitable..