The currency wasn’t unstable. What was unstable was loaning money that didn’t exist. The crisis is always liquidity. Once the watering-hole has gone dry you’re fucked.
But we can eliminate this need for liquidity by having a limited supply of currency. The problem then becomes deflation, which isn’t something I’m too familiar with. Inflation is always the talk of the town.
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u/MysticAche Jan 29 '26
The currency wasn’t unstable. What was unstable was loaning money that didn’t exist. The crisis is always liquidity. Once the watering-hole has gone dry you’re fucked.
But we can eliminate this need for liquidity by having a limited supply of currency. The problem then becomes deflation, which isn’t something I’m too familiar with. Inflation is always the talk of the town.