pull down to refresh

63 sats \ 6 replies \ @grayruby 3 Mar \ on: How many years until fiat collapses? AskSN
The can can be kicked for much longer than most of us expect.
write
preview
40 sats \ 4 replies \ @Aardvark OP 3 Mar
I personally think it's still going to be around for a long time. Inflation is going to probably continue to worsen though.
reply
42 sats \ 3 replies \ @grayruby 3 Mar
Yes, they will need to keep printing more and more to keep the house of cards standing.
reply
50 sats \ 2 replies \ @Aardvark OP 3 Mar
You obviously need more cards to make the house bigger.
I'm guessing were going to see a higher target inflation rate becoming the new normal.
reply
42 sats \ 1 reply \ @grayruby 3 Mar
Agreed. 3% on the fake cpi will become the target and then 4%. If we are cool with 4% why not just make it 5%.
reply
40 sats \ 0 replies \ @Aardvark OP 3 Mar
Death by inches. I actually do believe people have a breaking point though. I wonder when we get to see it.
reply
20 sats \ 0 replies \ @PictureRoom 4 Mar
Yep, agree.
reply