4 ms·
>>Barrel of oil yesterday was $X today it's $X+Y So as a vendor of goods, you won't mind if you are continually repricing the goods you sell today because the p
by wintersFright 14y ago
>>Barrel of oil yesterday was $X today it's $X+Y
So as a vendor of goods, you won't mind if you are continually repricing the goods you sell today because the paper you received for the goods sold yesterday doesn't cover the value you expected? As a vendor I think you would start looking for a different medium of exchange. You most certainly would use a different store of value.