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by tom_mellior
2478 days ago
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1. As you say yourself, nominal values and purchasing power are different concepts. So why should we treat them the same? 2. If I have a contract saying I will get that extra dollar, I absolutely expect to get it and will take the bank to court if I don't. If I only hope for that, it's different. But in any case, my contract is with my bank, not the central bank. 3. It's not voluntary if cash is effectively useless and I must use a bank. The rest of your post is just bizarre. Standing up for property rights isn't socialist. I don't think this thread is going anywhere, so I'm out. I hope you have a great day. |
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