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It's bullshit used to excuse and justify Fiat money. There is no reason for a dynamically expanding money supply to exist (or even an expanding money supply at
by johngladtj 3y ago
It's bullshit used to excuse and justify Fiat money.
There is no reason for a dynamically expanding money supply to exist (or even an expanding money supply at all).
Ultimately what actually matter is the goods and services being bought and sold, their price in whatever currency you use is irrelevant because the actual value remains the same.
- tastyfreeze 3y ago> There is no reason for a dynamically expanding money supply to exist This has been known since at least Sumer. The consistency of weights of measure is vital for a fair, durable, sustainable economy. Adjusting the ruler of trade only benefits the adjuster.