6 ms·
i mean by having inflation run hot at 5-10% for many years or decades, they're defaulting on their obligation to provide a stable value currency for the people.
by pascalxus 4y ago
i mean by having inflation run hot at 5-10% for many years or decades, they're defaulting on their obligation to provide a stable value currency for the people.
- bufferoverflow 4y agoThere's no such obligation. USD purchasing power has been dropping pretty steadily.