Be nice
-
A dollar always costs one dollar. What changes is the price of goods.
Don't make me tap the sign
-
Thanks for the response. You gave me a lot to think about, so I opened the Wikipedia article on fiat money. The part on history was pretty cool:
Indeed very interesting. Honestly, it still seems that the reason for inflation is “not backed by real good and something else we don’t quite understand”, in particular considering the examples of bills of credit in North America
-
Don't make me tap the sign
wrote last edited by [email protected]Tapping the sign now costs $1.
-
Indeed very interesting. Honestly, it still seems that the reason for inflation is “not backed by real good and something else we don’t quite understand”, in particular considering the examples of bills of credit in North America
Agreed. Someone else in this thread suggested that population growth was a factor. That was an interesting take. All things being equal, I would have assumed population growth would affect the magnitude of inflation, but not its direction. I think you're right that there's definitely some unknowns. I'm not sure I want an advanced degree in economics, but that's what it might take to understand more.
-
You want to sell an apple for 3€. That is 6 × 50 ct. For every 50 ct you ask in price you have to pay 1€. Therefore if you ask a price of 3€ for an apple you have to pay 6 × 1€ = 6€.
Thanks! I get it now.
"Retailers hate this one weird trick!" [YouTube face]
-
Tapping the sign now costs $1.
At least the sign only cost a dollar though.
-
This post did not contain any content.
1$ footlongs.
-
Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.
Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for "the economy" (rich people) but great for people who live in the environment.
That makes sense. It sounds like the closer to zero it gets the better. I know deflation is problematic. I wonder how close to zero is achievable. We've seen stable inflatuon of about three percent, plus or minus two for a few years in the past. I wonder if it's possible to achieve two percent, plus or minus one without going under zero.
-
How does that work if I've still got a dead-end job though?
Smile more
-
Tapping the sign now costs $1.
Still worth it
-
Raising a child.
That should cover like 90% of everything for everyone, even if you don't have kids.
1 dollar children, I like that
-
Bullshit essays for a joke are one of the few legit use cases for LLMs imo
Even bullshit essays should have a soul.
-
I think there are cryptos that fix their value to the dollar
There are; they're called "stablecoins".
-
This post did not contain any content.
That’s not a good or service. Fucking low bar for humor, holy shit.
-
This post did not contain any content.wrote last edited by [email protected]
It now costs $1 to own more than a billion dollars in assets for one *microsecond. We're talking total value here assets, property.
Bezos would be down to a billion in just over 2 days.
