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Then people will just trade using something else which serves as a store of value. I often wonder how people can’t understand how that is one of the most impor
by UncleEntity 4y ago
Then people will just trade using something else which serves as a store of value.
I often wonder how people can’t understand how that is one of the most important things it takes for something to be considered “money”. Once it loses that people will immediately exchange it for something else and society will just use shells as a medium of exchange.
Also your “solution” is for the “problem” of people deferring consumption. I honestly can’t see how anyone would see that as a problem.