Post
Topic
Board Economics
Re: Finite Supply vs Steadily Increasing Supply
by
godislove
on 14/12/2013, 01:38:55 UTC
Nowhere in your wall of text did you realize that contracts could specify valuation in terms of a basket of goods without putting the currency itself in the hands of madmen?
If you know of a financial instrument that allows people to keep constant value in terms of a basket of commodities, do tell.  I'm talking about spot value, not a 9% annual loss from ETFs that require a monthly rolling over of futures contracts.