Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.

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We keep measuring everything's value with something that continuously loses value over time (lemmy.world)

submitted 7 months ago by [email protected] to c/[email protected]

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It's becoming really annoying.

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[–] [email protected] 1 points 7 months ago

If the amount of money was small and finite, one person could hoard most of the entire supply of money, and because the rest of society can't use their currency as easily to trade, there's less value in the utility of it. The entire purpose of cash is that it's a universal store of value so that you don't have to trade goods for goods and instead trade cash for goods. Nobody would use cash if they can't ever have enough to purchase what they need in the increments they need.

Disclaimer: this is just my intuition; I am not an economist