Oddbean new post about login | logout who would spend money if it didnt lose value 🫠
Personally I'd rather starve to death in the woods while waiting for my goods and services to drop by 3% next year
that whole argument that money is only spent because it decays is patent, ahistorical bullshit because it was only 50 years ago that money literally was gold, which doesn't age, and doesn't oxidise the inflationary narrative was concocted 150 years ago and flies in the face of thousands of years of history