Hi i'm monolica
คาสิโนA quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."
sagame Yes i understand that. But that's the rule for an economy to grow. A common currency needs to have a plentiful, stable supply and not fluctuate excessively to affect people's lives. But besides fiat money, we have assets that increase in value over time, such as real estate, gold and Bitcoin. We can use fiat money to buy these assets and hold on to inflation. As for inflation, it should still be, because without inflation, people will become lazy and do not want to grow anymore. Japan has suffered from deflation for many years and has made the country unable to develop as well.