Message from @Poppy Rider
Discord ID: 489576087152754698
And that is what I'm trading to that gas station for fuel.
Money's just the proxy for that.
When you're taxed, the IRS is taking a percentage of time from you, not money.
I had a really well paid job once and we would work sundays for the tax man. Why sundays? Coz my time was worth more. Your system seems predicated on an isolated system, were one days work is equal to anothers. That is not the case.
In my on-demand job
One fare might be worth more or less than another
If you're working on a Sunday where someone else might not, that is a supply/demand difference.
Frankly, either your work on Sunday was valued more due to a decreased supply or increased demand
Or your boss wasn't really thinking things through and just arbitrarily valued Sundays differently, which is perfectly acceptable within that model.
The key factor is that you agreed at any given point that your time and labor were worth that amount at that time.
hang on I think I've got you
When people start to horde their money the supply of money goes down. the value of the remaining money goes up.
people start to notice this and start to horde money knowing that tomorrow their money will be worth more.
Right, that's how the argument generally goes...
It was said earlier that that would just increase the price of goods coz labour would cost more.
I suppose I can see *sort of* a point on the other side of things now
In that having a currency with an unstable value makes things kind of wonky.
What if you are in the business of baking bread? You pay the boy to help[ you bake X loafs of bread but no one wants to by them coz they can buy two for the same money tomorrow.
You have already put in the investment.#
But your bread is organic and goes down in value as it ages
We're talking about needs, here.
To make money your business is predicated on quick turn over
And if you had a currency that fluctuated THAT wildly, you've done something wrong. 😛
The time scale doesn't matter.
it's the pricaple of things losing value over time.
imagin your in the business of selling wives
whoa now.
Getting a little close to home there...
You have girls and it's a big investment but they need to be sold at the right time.
```Poppy RiderToday at 4:11 PM
Rye here trying to push shria law over here. Fuck off undercove sand n*****
```
(how do you do that ^^)
```
The best point I think I can concede is that instable currency can be a problem.
yes. a paper based system has to increase it's money supply as the population grows
The whole idea of trading my ladour for pay is to make a profit on it
There's also this assumption that rich people have scrooge mcduck baths in their basements...
Most people with money actually put that money to work to make more money.
Not everyone can make a profit on thier labour if the money supply is get smaller coz people are hording
sure they can.
In fact, they already are in that scenario.