how does hard money incentivize reducing waste? War is the easy target but what about building or agriculture or farming?
#asknostr
how does hard money incentivize reducing waste? War is the easy target but what about building or agriculture or farming?
#asknostr
I think hard money reduces consumption so more energy goes to improving technology instead.
If money also depreciates, the opportunity cost of a disposable economy is lesser.
So consumers seek more durable goods, producers work more efficiently, and prices trend downwards so higher quality goods become more attainable.