pull down to refresh

44 sats \ 3 replies \ @Undisciplined 25 Jan \ parent \ on: Where does Eugene Fama think currency gets its value from? econ
Gold was a medium of exchange within the past century. I also expect it to implode as a money and collapse to its industrial value.
write
preview
40 sats \ 2 replies \ @SimpleStacker OP 25 Jan
That's interesting. But given gold's preeminent place in human history I wouldn't expect that
reply
30 sats \ 1 reply \ @Undisciplined 25 Jan
Really? You don't expect Bitcoin to absorb the monetary premia of other store-of-value goods?
reply
33 sats \ 0 replies \ @SimpleStacker OP 25 Jan
No, I don't think so. My Pokemon cards aren't going to zero, that's for sure!
reply