☆ 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-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up12·29 days agoMore of a basket of different commodities, but yeah a move a way from a fiat currency to one that’s actually backed by tangible material things.
More of a basket of different commodities, but yeah a move a way from a fiat currency to one that’s actually backed by tangible material things.