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Name one fiat currency that over a period of 100 years has not lost 99% of its value (or around that percentage)
by johngladtj 3y ago
Name one fiat currency that over a period of 100 years has not lost 99% of its value (or around that percentage)
- dragonwriter 3y agoFirst, I don't accept “99% decline over 100 years” as collapse of a currency. Second, even if I did, the US Dollar retains 5.6× the value this standard would set. (Of course, it wasn’t purely a fiat currency over that whole time period, but then, setting a standard for collapse/no-collapse time window longer than pure fiat currencies have been a norm and then demanding counterexamples that have existed and not collapsed in that time is kind of sketchy, independently of whether you have a sane definition of collapse.)