freejulian
Joined 8 years ago
Joined 8 years ago
Risk free savings used to be much easier when the dollar couldn't be freely printed. Sure, there were times of moderate deflation and moderate inflation, but overall the average was 0. Furthermore, labor was able to consistently achieve wage gains. Those days ended in the 70s (and is evidence by the famous wage-vs-productivity charts). Also, you're conveniently ignoring the fact that fiat currency has made it possible for governments to print money to pay for war instead of needing to levy a tax on its citizens (something which would frequently be met with protest).
Edit: looks like I struck a nerve with the valley script kiddies. Keep on downvoting. You’re the reason n-gate.com was created.
Also, this is a completely different claim, separate from the “Russia interferes with our election” claim.