Global Feed Post Login
Replying to Shawn C.

It isnt though. Would you build your house with an elastic measuring tape? Would you accept a job where your hourly wage was a random number picked every week? Maybe at the grocery checkout your food was $10 or maybe this time it is $10,000? The purpose of prices is for people to make rational economic decisions, and a constantly changing money supply makes that impossible.

Avatar
Jason Hodlers 🪢 2y ago

Yep. This.

An economy with an elastic money supply is like an airplane with an elastic altimeter. And they'll each last about as long as the other! 😆

Reply to this note

Please Login to reply.

Discussion

No replies yet.