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sporkydistance
505 days ago
If legal tender #2 went up 115% in 4 years I would feel like a jackass for spending it in 2021 because I would have doubled my money if I saved it.
Do you see the absurdity?
2 comments
Palmik
504 days ago
Can you expand on the argument? You might as well have invested the 2021 "value" (regardless of in which currency it was disbursed) into some non-inflationary asset (like bitcoin, gold or some index fund) -- that should make you feel equally bad.
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josu
505 days ago
Inflationary legal tender is a novel concept.
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bawolff
505 days ago
So novel... remind me again what happened to spain in the 16th century?
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