[saurik]

Inflation is a different problem: a bird in the hand is worth two in the bush, but if you have a bird in your hand you are better off trading it for a table because somehow a table in the hand depreciates less than a bird?

[fnord123]

I mean, yes? Are we explaining investing from first principles?

[lowkey]

I think the argument is that we are discussing the difference between the:

A) time value of money

B) inflationary aspects of fiat currency vs hard currency