You are viewing a single comment's thread from:

RE: Mnuchin Says Weak Dollar Is GOOD As Dollar Continues To COLLAPSE

in #money7 years ago

The fact is, there is a maximum supply of Btc and gold out there, meat needs to be produce which is time and ressource consuming. It's more difficult to loose trust in those. Fiat currencies can be print into existence without any effort, there is no limit supply.

Sort:  

It is not just that unlimitless capablity to print, but rather who will get the money. I do agree that careless printing causes troubles, but I don't believe that currency needs to be hard-capped for it to retain or gain value in a long run.