what inflation? ...what savings? For the working stiff, inflation is a great way to pay down debts.
Kids in 2067: 'Grandpa, tell us that funny joke again about how governments used to issue fiat currency without any blockchain and the naughty inflation-monster would eat your life savings!' #Bitcoin
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True, inflation is an effective redistribution system from people with positive net worth to people with negative net worth.
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Is Grandpa Argentinian? Because the "inflation monster" hasn't harmed any Americans' life savings for 40 years (except for poorly hedged currency traders and those with funds to invest abroad)...
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Inflation has reduced the purchasing power of the US dollar by about 75% in the last 40 years. http://www.usinflationcalculator.com/
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I think 'normal currency' will look absurd and obsolete within twenty years.
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Because even though some governments acknowledge it to be legal, one cannot use it to pay taxes and debts to the government.
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"... and how millions are dead because of that, and how many suicided themselfs" :D
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