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Replying to anonymous

True, but in terms of practical meaning, money is a proxy for time invested with beneficial outcome. If money increases in value over time, while the beneficial outcomes lose value (spoiled goods, unnecessary/obsolete services) them this creates a problem.

There could exist a hypothetical situation where nobody needs to work because all have some money saved up, but now there is no food being produced so your "saved up time" cannot buy you the necessity anymore.

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Jeff Swann 1y ago

Lol, no. Money only increases in value if there are more goods/services to buy. If the supply of goods & services falls then the value of money falls.

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