Reason: None provided.
The thing with fiat money is that the value is whatever they tell you it is.
You don't need growth to make a recovery, you just need a compelling story and confusing technicalities.
Gas was $0.20/gal in 1940. If you went back in time and told them it's $5+ today, they'd wonder how you survive and why you aren't rioting. But because of the fiat narrative, we still get to fill our tanks and it works out.
2 years ago
1 score
Reason: Original
The thing with fiat money is that the value is whatever they tell you it is.
You don't need growth to make a recovery, you just need a compelling story and confusing technicalities.
2 years ago
1 score