Y
Hacker News
new
|
ask
|
show
|
jobs
by
ktta
1184 days ago
What? Money was always fungible. In the case of crisis, sure fed can step in, but you can't except basic economics to go away when you except to be insured to infinity dollars (and for what cost, btw?)
1 comments
bubbleRefuge
1184 days ago
no money was a receipt for a gold bar amount which is not very fungible. How does basic econonmics go away ?
link