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Arachis
npub1knw…kv7j
2023-08-24 18:58:05
in reply to nevent1q…xgd4

Arachis on Nostr: Money as a means of exchange is by definition not meant to be stored. Money as a ...

Money as a means of exchange is by definition not meant to be stored. Money as a store of value does not make much sense actually unless money is deflationary, what is not the case with fiat money.

There are tons of options to invest one's money and the inability of people to do it by themselves illustrates the crass level of education of the general population in household budget management, personal finance and investments.

Not much will change until these are taught in lower or middle school. Guess why it's not happening now ? Best to keep the general population in financial serfdom.
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