Words
71
Reading
1 min
Listen
Play
2y
If there is one thing I find difficult to understand is the whole ideology behind inflation and deflation. I tend to find it difficult to understand the situation in which my country’s currency is going through now. But I was drawn in by your post and I got to understand how the both terms work.
Quick question: do you think there are countries that use gold as a means of payment?
RE: Currency devaluation only matters if you're actually holding the currency or if your income doesn't go up to match the devaluation.