Calling money a fiat experiment is no more than being political rebellious and trying to devalue government control over currency. This foolish idea that money is worthless falls over if the commodity you are buying is valued in USD. The bit coin fanatics say the same thing yet bitcoin is valued in USD. surprise......
Conspiracy theories based on fringe ideology have no place in economics.
We are in high inflation now for three reasons.
1. low interest rates
2. Supply chain interruption.
3. High government stimulus.
The dollar has been floated for years and survived very well. Markets are behaving perfectly.
market revaluation 75 cents., page-65
-
- There are more pages in this discussion • 212 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.17 |
Change
0.110(5.34%) |
Mkt cap ! $2.489B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.17 | $2.08 | $13.62M | 6.351M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2410 | $2.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 259975 | 3 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |