TheGuySwann on Nostr: A good way to think about why this analogy he is arguing is nonsense, is to realize ...
A good way to think about why this analogy he is arguing is nonsense, is to realize that silver would then be less volatile than gold and thus would be the “better money,” because it has a more elastic supply.
Which essentially means, he is arguing that there is some special optimum with gold despite having no fundamental reasoning for it, or anything to compare it to.
It’s not unlike Keynesian central bankers claiming that 2% inflation is optimal, yet it’s based on literally nothing at all.
Published at
2024-03-16 20:41:31Event JSON
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