1283
you are viewing a single comment's thread
view the rest of the comments
[-] Delta_V@lemmy.world 6 points 2 years ago

prevent inflation by limiting the amount of currency that exists

which is a flawed premise itself. the supply of currency needs to expand at the same rate as productivity increases or else you get deflation which has its own set of problems

[-] untakenusername@sh.itjust.works -1 points 2 years ago

well...no. Gold goes up because of the same reason and its not ruining everything. And I'm pretty sure actually no currency has THAT much inflation, like that's a lot more than you might think

this post was submitted on 18 Mar 2025
1283 points (97.3% liked)

People Twitter

10439 readers
279 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it's a major celebrity, figure or any politician
  1. If a tweet (or similar) makes a statement of fact, either mark it as "satire" in the body or provide the original source link backing up the statement (see rule 6)

founded 3 years ago
MODERATORS