Global Feed Post Login
Replying to Avatar jb55

> But strip away the economic mysticism and here’s what “hard money” actually means: it systematically advantages existing wealth holders and disadvantages workers and debtors. It makes wealth accumulation easier and wage earning harder. It turns the economy into a game where those who already have capital watch it appreciate while those who work for wages watch their purchasing power erode.

wait until nostr:npub1hyqrsvl6hle8r5rc9cpshesm0mpcee75tgde4p5lhke5h83dyqqqdwk7cp learns you can get paid in hard money

nostr:nevent1qqsd422qpme49etgyjqncwuu6vaxdmrf3djq9rve3xshak506em2rjcpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3qamnwvaz7tmwdaehgu3wwa5kuegpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgq3qxtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsxpqqqqny53zu9un

Avatar
C 1mo ago

In reality it's just the opposite, where inflationary fiat capital is disproportionately accessed by the richest at the expense of everyone. Hard money stops the large scale theft.

Reply to this note

Please Login to reply.

Discussion

No replies yet.