FixedCurrency
ThoughtStorms Wiki
Context : OnMoney
Money which is literally a finite, fixed amount. AustrianEconomists think this is the right sort of money to use, and often support GoldBackedMoney as a best approximation. Unless the economy is actually losing things of value, a fixed currency won't inflate. On the contrary, the fixed amount of money gets more valuable relative to the amount of wealth, and prices should go down.
- I know an awful lot more about fixed currencies since getting involved in this discussion on TribeNet : http://www.tribe.net/tribe/servlet/template/pub%2Ctribes%2CViewThread.vm?threadid=5f0709db-6f3a-4b38-9ec7-58ed77d37515&tribeid=4354f356-567e-4688-9447-00397e48914f
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