Quote from: Mike Christ on September 03, 2013, 08:56:35 AM

Quote from: aenemic on September 03, 2013, 08:26:31 AM

Quote from: dave111223 on September 03, 2013, 05:44:40 AM

Quote from: crumbs on August 28, 2013, 10:51:51 PM

You understand that fiat != inflationary currency, right? Fiat can also be deflationary, if that's what you want. Most people don't.

I'd imagine if you walked the street and did a poll asking "Do you want the government to print more money?" Less than 50% would say "Yes"

I fear most people would think that would solve problems. "What? We can just print more money?"

Most people are too ignorant of economics to make an informed decision, and the tiny percentage which are given the power to make a difference know not to bite the hand that feeds. The best option is to let people figure out on their own whether they prefer an inflationary or deflationary currency, and to allow both to thrive in a market; there's no reason to force everyone to stick to one currency, controlled by government; of course it can never be deflationary, that would take all the power away from government. It's not that most people don't want a deflationary currency, it's that they're not even aware of the possibility that an alternative exists; you cannot be aware of the box you're in if you've never been outside. The idea of one currency that everyone must follow or civilization will collapse is entirely based on propaganda, and it's getting tiring.

It doesn't matter whether fiat can be inflationary or deflationary; what matters is the reason why I can't decide which currency my peers and I prefer, and why government needs to issue a currency to begin with; we've already seen a plethora of examples of private currencies being successful, and as with anything which threatens the powers that be, they're always shut down.

Oh Christ, Mike! You and your peers are free to trade in *whatever* amongst yourselves -- labels from seltzer bottles for all anyone cares! With all the revolutionary talk, i bet you still hear some government coins clinking in the dryer when U do laundry though, amirite?

You honestly don't know how a state could implement deflationary money & maintain control? The bills are printed with dates, Mike Christ, you determine the worth of the bill by factoring in the date. Just like with groceries -- full price when baked/printed, totally worthless & rotten in a year. It's trivial, a smart Italian advocated something similar at the turn of the last century -- no big deal.

You don't have to "follow" any currency, just like you don't have to shop at Hot Topic -- no like? Go elsewhere. I'm sorry if you were born next to a Hot Topic & traveling to other stores is inconvenient -- man up & do it. It's the whining about civilization collapsing because: propaganda -- that's what's tiring.