RE: RE: Monster Inflation
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RE: Monster Inflation

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5y

Beautiful post zyx066@zyx066!

The only part I disagree with is: "it doesn't really matter if a currency's value is backed by something real, or even if it's made from something real, like gold and silver coins." and I only disagree with that because the two alloys have the strongest historical track record.

"It will again be a "credit" crisis, just like the last one, and "credit" is based on the Latin word for "belief" or "trust"; just to repeat that all this amounts to a crisis in trust. "

^ that is such a beautiful insight, I love it!

Peace and blessings, keep on keeping on!

@thoughts-in-time: Beautiful post | Ecency