By Larry Chiang
Currency has a sneeeeeaky way of cheating on you. Paper money will start by telling you
“Barter sucks.â€
Money works great. It swaps my specialized knowledge about credit scoring for banks and PE funds for juicy ribeye
Currency
Currency is a format of money
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Larry Chiang @duck9 (@LarryChiang) |
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Store of Value #SoV
#MoE Method Of Exchange Unit of Account #UoA at Geldmuseum der Deutschen. #ch2 [German Museum Of Money) pic.twitter.com/A4z6RpXM9j |
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In the museum of currency, old paper just became worthless
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Larry Chiang @duck9 (@LarryChiang) |
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Germany has a museum of money. It allegedly has a lot of currency but no security because the fiat is now worthless.
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Germany has a museum of money
#MoE Method Of Exchange at Geldmuseum der Deutschen.
Unit of Account #UoA at Geldmuseum der Deutschen.
Eventually the bank notes get to be a billion and a trillion
Every time a fiat currency has been attempted on Earth, it’s gone to zero over 63,000 times.
Seems like politicians like to print extra money for complicated reasons. Money is an emotional topic. So is prepping your fico score. Why is raising your fico score so emotional?
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