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millions of honest people around the world that have lost their savings when a fiat currency changed its valuation for political reasons. you do not need to be
by fredBuddemeyer 14y ago
millions of honest people around the world that have lost their savings when a fiat currency changed its valuation for political reasons. you do not need to be a zealot to appreciate any attempt to create a free currency; you simply need to have a small sense of history and the world around you.
- gnaritas 14y agoMoney isn't for saving long term, it's for spending; if you want to save, buy assets. Inflation is only a problem for those who wrongly mistake money for an asset. The purpose of money is to facilitate trade, not store value.