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Fiat money already DOES expire. It’s called INFLATION. If you put all your investments in a savings account in 2008, your “money” would smell like a compost pit
by owlstuffing 3y ago
Fiat money already DOES expire. It’s called INFLATION. If you put all your investments in a savings account in 2008, your “money” would smell like a compost pit.
- CivilWart 3y agoInflationary expiration is not guaranteed though. Deflation is always a possibility.
- owlstuffing 3y agoHistorically, inflation dominates and ultimately collapses fiat currency.
- from-nibly 3y agoYes it is. At least in the US. It's literally the feds directive to make sure inflation happens at a steady rate.