☆ Yσɠƚԋσʂ ☆ to EconomicsEnglish · edit-23 months 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-23 months agomessage-square7fedilinkcross-posted to: news@hexbear.neteconomics@lemmy.ml
minus-squareᜐ᜔ᜉᜍ᜔ᜆᜈ᜔ ᜇ᜔ᜌᜓ︀-193linkfedilinkarrow-up5·3 months ago gold standard is notoriously unreliable and a terrible economic choice. Doubly so now that so much money is printed
Doubly so now that so much money is printed