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63 sats \ 6 replies \ @grayruby 18h \ on: How many years until fiat collapses? AskSN
The can can be kicked for much longer than most of us expect.
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20 sats \ 0 replies \ @PictureRoom 13h
Yep, agree.
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40 sats \ 4 replies \ @Aardvark OP 17h
I personally think it's still going to be around for a long time. Inflation is going to probably continue to worsen though.
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42 sats \ 3 replies \ @grayruby 17h
Yes, they will need to keep printing more and more to keep the house of cards standing.
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50 sats \ 2 replies \ @Aardvark OP 17h
You obviously need more cards to make the house bigger.
I'm guessing were going to see a higher target inflation rate becoming the new normal.
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42 sats \ 1 reply \ @grayruby 17h
Agreed. 3% on the fake cpi will become the target and then 4%. If we are cool with 4% why not just make it 5%.
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40 sats \ 0 replies \ @Aardvark OP 17h
Death by inches. I actually do believe people have a breaking point though. I wonder when we get to see it.
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