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Interesting. Do we have the same situation with gold? Continuous deflation, caused by constant supply combined with increasing demand, causing its value to ri
by unoti 14y ago
Interesting. Do we have the same situation with gold? Continuous deflation, caused by constant supply combined with increasing demand, causing its value to rise to infinity?
How is gold different?
- DasIch 14y agoIndeed it does apply to gold and to currencies using the [Gold Standard](http://en.wikipedia.org/wiki/Gold_standard http://en.wikipedia.org/wiki/Gold_standard) which has caused problems in the past, which is why it isn't used anymore as a currency on any significant scale.