208 sats \ 2 replies \ @Undisciplined 21 Mar \ on: Hyperinflation econ
This type of system does not work very well when countries are at war
This assumes war is a worthwhile activity. From my perspective, sound money works great with respect to war, because it makes funding it nearly impossible.
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42 sats \ 1 reply \ @jeff 21 Mar
Along with other irrational pursuits.
The trouble is, the game theory and living on the same rock with countries that can fund war.
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105 sats \ 0 replies \ @Undisciplined 21 Mar
That's true, but defensive wars are much cheaper than offensive and people are more willing to fund them.
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