| ▲ | ericd 5 hours ago | |||||||
Have you ever read about people burning piles of German currency because it was better than using it to buy firewood with? Not to say we would get there, but allowing inflation to run is not kinder. | ||||||||
| ▲ | wqaatwt an hour ago | parent | next [-] | |||||||
Inflation like that doesn’t just happen. It can only be the outcome of explicit government policy. Like in post WW1 Germany they wanted to wipe the value of all domestic government debt they accumulated during the war. | ||||||||
| ▲ | badc0ffee 2 hours ago | parent | prev | next [-] | |||||||
Have you ever tried to start a fire with a bunch of paper? It doesn't work great, and what a mess. | ||||||||
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| ▲ | inferiorhuman 5 hours ago | parent | prev [-] | |||||||
I think these days folks typically use Zimbabwe or Argentina as examples. | ||||||||