You can login if you already have an account or register by clicking the button below.
Registering is free and all you need is a username and password. We never ask you for your e-mail.
[–]BenKekJr0 points
10 points
10 points
(+10|-0)
ago
Fiat currency schemes are ultimately Pyramid schemes as someone noted half-way down. Except with an interesting twist... The moment the population stops growing (or slows) the monetary policy begins to falter.
It is a growing tax base in combination with the exporting of debt from the US in the form of a reserve currency that allows the scheme to work.
view the rest of the comments →
[–] BenKekJr 0 points 10 points 10 points (+10|-0) ago
Fiat currency schemes are ultimately Pyramid schemes as someone noted half-way down. Except with an interesting twist... The moment the population stops growing (or slows) the monetary policy begins to falter. It is a growing tax base in combination with the exporting of debt from the US in the form of a reserve currency that allows the scheme to work.