Message from @RyeNorth
Discord ID: 489577187477815309
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
it doesn't keep.
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 ^^)
```
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.
Not if produck can lose value
produck?
producks. You know those ones that are paid to quack
We'll call this one sean.
He'll be pro duck sean.
Anyway...
Products wouldn't likely be losing value.
Money's value would be changing
The products would remain the same.
No coz value is equal to demand
And people are forever hungry.
I don't want to eat moldy bread.
You assume hungry people would stay hungry because bread goes on sale tomorrow.