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Unread 26 May 2008, 22:32   #23
Alessio
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Re: Economic Efficiency

Quote:
Originally Posted by All Systems Go
Of course, there's absolutely no precedent of people losing faith in money.
Even in Zimbabwe, where money is practically worth nothing and they could just as well pay with toiletpaper, they still cling on to their money based system. It does affect it's value ofcourse. But the same would go for oil. Infact, oil is often used for burning etc, while money is not. I guess oil is worth shit.
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Last edited by Alessio; 26 May 2008 at 22:40.
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