☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · edit-230 days agoA new currency, redeemable and anchored to real goods, could make global economy fairer. In a hard-anchored monetary system, high debt becomes a risk, unlike in the current system.thechinaacademy.orgexternal-linkmessage-square7fedilinkarrow-up127arrow-down10cross-posted to: news@hexbear.neteconomics@lemmy.ml
arrow-up127arrow-down1external-linkA new currency, redeemable and anchored to real goods, could make global economy fairer. In a hard-anchored monetary system, high debt becomes a risk, unlike in the current system.thechinaacademy.org☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · edit-230 days agomessage-square7fedilinkcross-posted to: news@hexbear.neteconomics@lemmy.ml
minus-squareComradeSaladlinkfedilinkarrow-up6·29 days agoWhere have I heard this before… Also the gold standard is notoriously unreliable and a terrible economic choice. Also if your system is supported by the Austrian school of thought free market economists then you’d be much safer just doing the opposite.
minus-squareᜐ᜔ᜉᜍ᜔ᜆᜈ᜔ ᜇ᜔ᜌᜓ︀-193linkfedilinkarrow-up5·29 days ago gold standard is notoriously unreliable and a terrible economic choice. Doubly so now that so much money is printed
Where have I heard this before…
Also the gold standard is notoriously unreliable and a terrible economic choice.
Also if your system is supported by the Austrian school of thought free market economists then you’d be much safer just doing the opposite.
Doubly so now that so much money is printed