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To: unclebankster

“Currency debasement is a made up word for people who don’t understand currency”

https://www.investopedia.com/terms/d/debasement.asp

“Today, debasement can happen if a government prints more money, increasing the money supply without a corresponding increase in output.”

“Today, most currencies are fiat currencies and are not based on a precious metal. So, debasement only requires that the government print more money, or since much money exists only in digital accounts, create more electronically.”


38 posted on 02/05/2024 5:14:52 AM PST by Justa (If where you came from is so great then why aren't Floridians moving there?)
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To: Justa

Fiat currency
Debased currency
Enhanced currency = currency.

Ford currency
GM currency
Weyerhaeuser currency
IP currency
KEY currency= they all can become a currency.

You can call it anything you want.

What’s the value/valuation/price?


40 posted on 02/05/2024 5:30:18 AM PST by unclebankster ( Globalism is the last refuge of a scoundrel.)
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