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It's an unambiguously nauseating way to control the lives of billions of humans. We'd be much better off letting banks decide how much they value your deposits
by kodyo 4y ago
It's an unambiguously nauseating way to control the lives of billions of humans.
We'd be much better off letting banks decide how much they value your deposits, and having a currency that politicians, bureaucrats and bankers can't manipulate.
But alas.
- ClumsyPilot 4y ago> having a currency that politicians, bureaucrats and bankers can't manipulate. Which is what, Gold? Bitcoin? Have you read the history of merchantilism and how Britiah and Dutch economic growth was restricted by supply of silver? The definition of a Fiat currency is that it can be manipulated by whoever is issuing it
- kodyo 4y agoProbably Bitcoin. Gold would be fine if there weren't governments.