Yup. Fiat is a scam. Imagine the wealth everyone would have if inflation was not a thing and we had sound money. I see people fall behind at my work every year, compounding when they either a - dont get a raise or b - get a raise lower than m2 expansion.
It would be hard for an employer to say “yeah we are going to need you to work for $2 less per hour” every year. With inflation of the money supply, that move is seamless!
/ Sloth
npub13g…vhed0
2024-09-07 18:30:24
in reply to nevent1q…6lra
Author Public Key
npub13gu85w6qznwn24af702uczs8kvt45tqn54a79jvmarxwmdrwml5ssvhed0Published at
2024-09-07 18:30:24Event JSON
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"content": "Yup. Fiat is a scam. Imagine the wealth everyone would have if inflation was not a thing and we had sound money. I see people fall behind at my work every year, compounding when they either a - dont get a raise or b - get a raise lower than m2 expansion. \n\nIt would be hard for an employer to say “yeah we are going to need you to work for $2 less per hour” every year. With inflation of the money supply, that move is seamless!",
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