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10 sats \ 1 reply \ @DawnoftheDead 4 Aug \ parent \ on: Stacker Saloon
That meme is great but i would change it to "That same dollar in 5 years" teaches low time preference and also the dollar is subject to swings for example depressions and recessions which last 1-5 years the dollar purchasing power can go up temporarily. gosh i talk a lot. sorry
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0 sats \ 0 replies \ @memeverse 5 Aug
No, don't worry, I like quality comments and they are usually a bit long. The meme is clearly a bit exaggerated, it is true that the Fiat currency loses value due to inflation but it certainly doesn't happen overnight.😜
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