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11 sats \ 4 replies \ @flat24 30 Dec 2024 \ parent \ on: The dollar as a reserve currency and the Cantillon effect econ
Here is the source of the example I cited. By the way, the amounts I mentioned are totally wrong. My memory is correct in the important fact (the erosion of purchasing power). The price went from 6.3 ounces to 0.87 ounces, an erosion of one-fifth of what it was before.
i always have this handy lol
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A very valuable resource, this is like that good friend who warns you before stepping in shit, to avoid the unpleasantness while you are walking,
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true, but unfortunately the response of most normies when trying to warn them is
:p
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