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82 sats \ 18 replies \ @Satosora 23 Aug \ on: Thousands of Years Later, Price Controls Are Still a Bad Idea econ
I heard about this before.
I also heard England did the same thing with their gold, and it was very problematic.
No one was accepting it after a while, because it didnt have enough gold content.
Pretty much every state goes down the debasement road eventually.
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Right.
Tale as old as time.
I think Japan has never had a period of hyperinflation, though.
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Did you watch Stacker News Live? You were top 3 this week.
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oh really?
I didnt know, what did they say about me?
Some loser got top 3? haha
Is that on youtube?
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I believe k00b said "Oh wow, Satosora is third."
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I am watching it now, we will see what they say lol
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I only registered surprise. I think they get used to the same set of people every week.