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by Pungsnigel
1937 days ago
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Yes and no. Higher savings would also mean more capital to load from. Expected return on investment would be higher, which is probably just a good thing. Lots of non-profitable companies today can keep surviving without doing any real good due to money being cheap. |
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Saying that the expected return would be higher is just the other side of saying it would be harder to find capital to start businesses.
> Lots of non-profitable companies today can keep surviving without doing any real good due to money being cheap.
This seems like a huge topic on its own. If there's an 'ideal' availability of money to ensure that companies are providing value, just switching to a supply limited currency is extremely unlikely to luck into selecting the right value. In fact, because it makes it harder to adjust things it makes it pretty much a certainty that at least at some point the wrong value will be selected.