Never understood why some people think fiat money is "stable".
Nothing is stable when benchmarked against something else. And that something else should be purchasing power.
https://www.nytimes.com/2022/0...
我一直不明白为什么有些人认为法定货币是“稳定的”。
与其他事物相比，没有什么是稳定的。还有一点应该是购买力。
https://www.nytimes.com/2022/0...