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RE: Decorating the Christmas tree with bills

in #money7 years ago

The problem isn't fiat currency, per se. Price inflation exists because there's too much money circulating (i.e. being spent) within the economy. This is either because the government is spending too much, taxing too little or a combination of the two.

The problem is fiscal policy.

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I agree but I would say both are the problem. Also I would say fiat currency is a big game and it needs to stop. I wish there was no money

I won't argue against having the Star Trek universe become a reality, but correct utilisation of the current system would be a stepping stone. At present, there is no country that is using their fiat money system the way that they're supposed to because they're still trying to apply convertible currency thinking to their policies.

Exactly! No country is using it correctly.

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