288
submitted 9 months ago* (last edited 9 months ago) by balderdash9@lemmy.zip to c/memes@lemmy.world

I considered deleting the post, but this seems more cowardly than just admitting I was wrong. But TIL something!

you are viewing a single comment's thread
view the rest of the comments
[-] MirthfulAlembic@lemmy.world 1 points 9 months ago

If you manage to keep an infinitely large stack of bills a secret, sure. Once somebody notices and word gets out, I'm doubtful it doesn't get devalued in a hurry. Since these are bills that we are assuming are valid, it's going to seem like the central bank is printing money with abandon. Famously not great for public confidence in a currency. Why would I keep my wealth in a currency that somebody has an infinite amount of? They may not be spending it today, but who knows when that changes? I'd certainly be scrambling to convert mine to something else.

this post was submitted on 06 Jan 2024
288 points (86.2% liked)

memes

9953 readers
3321 users here now

Community rules

1. Be civilNo trolling, bigotry or other insulting / annoying behaviour

2. No politicsThis is non-politics community. For political memes please go to !politicalmemes@lemmy.world

3. No recent repostsCheck for reposts when posting a meme, you can only repost after 1 month

4. No botsNo bots without the express approval of the mods or the admins

5. No Spam/AdsNo advertisements or spam. This is an instance rule and the only way to live.

Sister communities

founded 1 year ago
MODERATORS