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/biz/ - Business & Finance


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51413828 No.51413828 [Reply] [Original]

I don’t know how fiat currency is still legal period. On top of being inherently inflationary , it’s almost exclusively only used to by governments engage in horrible investments or enact speculative monetary policy where in the citizenry are used as collateral. It’s also a threat to an individual's liberty and the long term economic health of a nation.

>> No.51414281

The only problem with it is debt that grows too large. Otherwise it's fine. Of course the debt will always grow too large, but still. It could work. Just like communism or some shit like that.