Oddbean new post about | logout
 Where I live we mint our own money and the Fed is not involved. 
 @frphank correct.

You are also downstream of the Single Mint™️.

Your subordinate mint must consider arbitrary debasement episodes from the one true mint.

All of your country’s trade happens over the Single Mint rails, and not in bolivars, seashells, or shekels.

In meme form: https://image.nostr.build/c0b73147128845fc3b1faed2fd70ffb6997546ea8762544a635ed1a7c8ecb7b3.png 
 Our exchange rate for US$ can be adjusted on short notice don't worry. It went up ~15% over the past 5 years to accommodate the US$ flood.

 
 I’m not worried @frphank 😄 https://image.nostr.build/2f6126931cc39eb6639922e6db2ef8ddedba877d66d99505d453dee293aad390.jpg  
 Either that or your life is dreck and you're desperate to blame it on someone else. Isn't that much more plausible.