Post
Topic
Board Economics
Re: Natural money
by
Lord of the Lies
on 21/10/2017, 16:27:06 UTC
states have proven time and time again how they manage to screw up money

i'm skeptical that any system where the state has control wouldn't be subverted like always

most economists or financiers would include "a store of value" in the definition of "money", but no fiat today is a store of value as its value is eroded by inflation

until that is addressed, money isn't money anymore

also, Pierre-Joseph Proudhon is a nutter