1/ One thing I think about is we in the US have had the best Standard of Living ever on Earth as result of our 1-3% Inflation monetary system. We had more poverty, diseases, and a lower standard of living when we were on the Gold Standard (fixed-supply money)
In the last century of the Gold standard people used paper money redeemable for Gold so neither of those was a problem :P
-
-
Agreed. That was not fiat money, though. We are discussing Fiat money (which will inherently have less 'trust' in its value, compared to gold or gold-backed paper money).
-
Agreed but the ease of use was the same - paper! :)
-
I see what you're saying now. I agree.
End of conversation
New conversation -
-
-
If you want to see my framework for the most important criteria that will define the monetary SoV winner(s):pic.twitter.com/D64wIANkPR
-
Yeah I think that's Great.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.