On Thu, 22 Oct 2020 07:42:40 +0200
Deloptes  wrote:

> Ahem A Rivet's Shot wrote:
>
> > Because value can be created more easily than rare metals can be
> > created and so the value of the rare metal has to be steadily increased
> > to compensate, which is a pity if the stuff is actually useful, but
> > more to the point cannot continue indefinitely.
>
> Exactly this is the problem of our economic system - it seems to be
> assuming infinite growth based on finite ressources, which contradiction
> is hidden in the nature of fake money.

 However gold standard and similar attempt to turn the economy into
a zero sum game which is equally false to fact. We need the flexibility of
floating money but somehow we need to tie it to actual value which is
neither fixed nor infinitely extensible but rather somewhere in between.

 There is no such thing as "real" money.

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