“Speculation on the stock exchange has spread to all ranks of the population and shares rise like air balloons to limitless heights…. The population was now engaged in evading taxation and devoting their money to speculative purchases…. Shares in respectable concerns which had paid a 20% dividend, were pushed higher and higher till the final holders could not expect a return of even 1%.
After reading this I can't help but think that the best strategy to avoid inflation is buying crypto. It's a really well written article, and a likely situation, and I believe in inflation more than I believe in doge... but there are no solutions at the horizon. Oh yeah, hey everyone, stop buying cryptocoins, especially "useless" ones! Problem solved?
After reading this I can't help but think that the best strategy to avoid inflation is buying crypto. It's a really well written article, and a likely situation, and I believe in inflation more than I believe in doge... but there are no solutions at the horizon. Oh yeah, hey everyone, stop buying cryptocoins, especially "useless" ones! Problem solved?
Interesting. Much WOW!
You're scaring me. I like it
hadn't calculated the speed at which 'meme world' could potentially accelerate the path to hyperinflation. WOW DOG!