Replying to Avatar Dave

The US economy did OK during periods when the currency was backed by gold or silver. And yes, it would result in deflation; but deflation is OK as long as most people are expecting it and are positioned for it.
Avatar
🇩​𝔢𝔠𝔢𝔫𝔱 🇼​𝔦𝔰𝔡𝔬𝔪 2y ago

Maybe some privileged individuals will cry for change if they don't prepare under a deflationary system and cause changes. I could see them selling a story.

Reply to this note

Please Login to reply.

Discussion

No replies yet.