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Useful how? Linking a real-time deflation chart doesn't exactly scream "useful".
by bradjohnson 3y ago
Useful how? Linking a real-time deflation chart doesn't exactly scream "useful".
- Mistletoe 3y agoFreedom from monetary debasement. An attempt for the first time in human history to have a global currency not follow the "money printing, debasement, start a war to try and fix it/civilization collapse" cycle. https://fred.stlouisfed.org/series/BOGMBASE https://fred.stlouisfed.org/series/BOGMBASE https://en.wikipedia.org/wiki/Debasement https://en.wikipedia.org/wiki/Debasement
- bradjohnson 3y agoThere's no such thing as monetary debasement for bank notes as there is no intrinsic value for the physical dollar. If you're saying that inflation in general is bad for the economy, I would encourage you to read this: https://www.britannica.com/money/inflation-vs-deflation https://www.britannica.com/money/inflation-vs-deflation