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Freedom 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
by Mistletoe 4y ago
Freedom 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 4y 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