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you can put it more simply by just realizing that money is essentially a promise for some goods or services made by somebody, to be delivered at some point in the future. I.e., keeping money is a liability.

If a society (or a large number of individuals/institutes, incl gov'ts) fails to deliver on their promise of goods and services, then the money looses its value. And this is what seems to be happening a lot more everywhere - more and more money is promised (or printed), but the amount of goods and services hasn't really grown in proportion, and so at some point this is gonna have to fail somewhere...



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