Steve Randy Waldman on Nostr: feld you might address the basic point that the dollar has retained and gently ...
feld (npub1c5t…h8gn) you might address the basic point that the dollar has retained and gently increased value over time as long as it’s been held in the form of zero-credit-risk Treasuries. your graph just shows the existence of a mattress tax, not a weakness of the dollar as a store of value. while crypto has been a terrible store of value, because a currency has to accommodate those who expect to store negative values (be indebted) over fixed periods.
Published at
2024-11-09 18:51:44Event JSON
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