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> If most things go awry after a war, that's not because of the currency and nobody will care about the currency either Then why are you bringing this up? You
by explorer666 10y ago
> If most things go awry after a war, that's not because of the currency and nobody will care about the currency either
Then why are you bringing this up? You said it yourself: "that's not because of the currency". It's because the things you buy became too expensive or too cheap. If the currency remains stable, you could still buy the same amount of most things in other countries not affected by the war.
- fergu 10y ago> things you buy became too expensive or too cheap. > if the currency remains stable > you could still buy the same amount of most things in other countries not affected by the war Sure I can, sure, but whether or not the currency remains stable is the very question, not a hypothesis. This is circular reasoning. If most things are still sold in exchange for the currency in question, then that currency is still only as stable as the economy that is selling most of the things, by your own definition of an economy of most things. I'm just saying you have a dysfunctional definition.
- fergu 10y agoto put it in other words, I'd readily assume a currency couldn't be stable if it wasn't serving its intended purpose, being representative of economic state.
- explorer666 10y agoThat's not its intended purpose. Its intended purpose is representing debt. That's why fiat money bills are called IOUs.