Reply to Re: What is your worst nightmare
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But... money is an infinite resource. We can just make more and more and more of it.
That's what I always figured. But I was told something about inflation as Krisknox said. US currency it's backed up by gold, and well I don't really understand economics. We don't physically buy things with gold nuggets or coins, so I don't see why gold should be involved at all...just have the dollars and cents as is.
Edit- I do think Striker's right too. A dollar will always be a dollar, but things would cost more if there was inflation of money, as people would be able to spend more. If I'm understanding correctly.
That's what I always figured. But I was told something about inflation as Krisknox said. US currency it's backed up by gold, and well I don't really understand economics. We don't physically buy things with gold nuggets or coins, so I don't see why gold should be involved at all...just have the dollars and cents as is.
Edit- I do think Striker's right too. A dollar will always be a dollar, but things would cost more if there was inflation of money, as people would be able to spend more. If I'm understanding correctly.
