Message from @RyeNorth

Discord ID: 489578119955611659


2018-09-12 23:21:48 UTC  

it's the pricaple of things losing value over time.

2018-09-12 23:22:15 UTC  

imagin your in the business of selling wives

2018-09-12 23:22:21 UTC  

whoa now.

2018-09-12 23:22:30 UTC  

Getting a little close to home there...

2018-09-12 23:22:53 UTC  

You have girls and it's a big investment but they need to be sold at the right time.

2018-09-12 23:23:09 UTC  

```Poppy RiderToday at 4:11 PM
Rye here trying to push shria law over here. Fuck off undercove sand n*****
```

2018-09-12 23:23:35 UTC  

(how do you do that ^^)

2018-09-12 23:23:48 UTC  

```

2018-09-12 23:24:57 UTC  

The best point I think I can concede is that instable currency can be a problem.

2018-09-12 23:25:59 UTC  

yes. a paper based system has to increase it's money supply as the population grows

2018-09-12 23:26:34 UTC  

The whole idea of trading my ladour for pay is to make a profit on it

2018-09-12 23:26:46 UTC  

There's also this assumption that rich people have scrooge mcduck baths in their basements...

2018-09-12 23:27:05 UTC  

Most people with money actually put that money to work to make more money.

2018-09-12 23:27:17 UTC  

Not everyone can make a profit on thier labour if the money supply is get smaller coz people are hording

2018-09-12 23:27:29 UTC  

sure they can.

2018-09-12 23:27:39 UTC  

In fact, they already are in that scenario.

2018-09-12 23:27:52 UTC  

Not if produck can lose value

2018-09-12 23:28:05 UTC  

produck?

2018-09-12 23:28:10 UTC  

producks. You know those ones that are paid to quack

2018-09-12 23:28:31 UTC  

We'll call this one sean.

2018-09-12 23:28:39 UTC  

He'll be pro duck sean.

2018-09-12 23:29:22 UTC  

Anyway...

2018-09-12 23:29:39 UTC  

Products wouldn't likely be losing value.

2018-09-12 23:29:50 UTC  

Money's value would be changing

2018-09-12 23:29:56 UTC  

The products would remain the same.

2018-09-12 23:30:25 UTC  

No coz value is equal to demand

2018-09-12 23:30:34 UTC  

And people are forever hungry.

2018-09-12 23:30:35 UTC  

I don't want to eat moldy bread.

2018-09-12 23:31:09 UTC  

You assume hungry people would stay hungry because bread goes on sale tomorrow.

2018-09-12 23:31:28 UTC  

as much as they could, yes.

2018-09-12 23:31:43 UTC  

I really don't think that's the case.

2018-09-12 23:32:10 UTC  

It's the same as people going and filling up the tank is there is a price rise imminent.

2018-09-12 23:32:34 UTC  

No, it's the opposite.

2018-09-12 23:33:05 UTC  

People don't just NOT fill up their tanks if they're out of gas.

2018-09-12 23:33:10 UTC  

same premise. They are looking at the future at decide what they are going to do

2018-09-12 23:33:33 UTC  

not all the way. They need that moeny for something else

2018-09-12 23:33:57 UTC  

Sure, I've been one to spend 5 dollars at 2.68 to get to the place I saw that was 2.40

2018-09-12 23:34:09 UTC  

But I've never made those choices based on expected prices

2018-09-12 23:34:37 UTC  

In the UK we can have a date where it's going to go up 5p on the liter

2018-09-12 23:34:55 UTC  

Same with bnooze

2018-09-12 23:35:27 UTC  

So I'll go and buy a big bottle of vodka before I need to coz it's going to go up a quid