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DyslexicAtheist
1662 days ago
cash is antifragile
1 comments
hvgk
1662 days ago
It’s isn’t really. Look at Zimbabwe hyperinflation. I have a trillion dollar note here.
Cash is only worth what someone else agrees it is worth.
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DyslexicAtheist
1662 days ago
antifragile doesn't mean no shocks no sacrifices. it's regular shocks and sacrifices to reduce chances of black swan events. Zimbawe is a (predictable) white swan event not a black swan.
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midasuni
1661 days ago
You can burn cash for heating
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Cash is only worth what someone else agrees it is worth.