ZeroCool@feddit.ch to Political Memes@lemmy.worldEnglish · 1 year ago"...And MTG threw a tantrum on the way out. Win-win"i.postimg.ccimagemessage-square160fedilinkarrow-up11.5Karrow-down141
arrow-up11.45Karrow-down1image"...And MTG threw a tantrum on the way out. Win-win"i.postimg.ccZeroCool@feddit.ch to Political Memes@lemmy.worldEnglish · 1 year agomessage-square160fedilink
minus-squarerockSlayer@lemmy.worldlinkfedilinkarrow-up1·1 year agoDo you know what a fiat currency even is? It seems like your mind is still stuck in the gold standard. I’m not going to get into your pendantic bullshit again.
minus-squareWanderer@lemm.eelinkfedilinkarrow-up0arrow-down1·1 year agoYes it’s driven by market forces. You know the feds job is to control the flow of money right? Independent of the government. They will put the country into a recession before inflation gets out of hand. That’s how important the control of currency is, it’s the main job. It seems like you don’t understand how fiat currency has its value or who controls it.
Do you know what a fiat currency even is? It seems like your mind is still stuck in the gold standard. I’m not going to get into your pendantic bullshit again.
Yes it’s driven by market forces.
You know the feds job is to control the flow of money right? Independent of the government.
They will put the country into a recession before inflation gets out of hand. That’s how important the control of currency is, it’s the main job.
It seems like you don’t understand how fiat currency has its value or who controls it.