Striker@lemmy.world to A Boring Dystopia@lemmy.world · 1 year agoThe only thing that is preventing basic living essentials for costing more is whether the capitalist class feel like rising the price or not.lemmy.worldimagemessage-square148fedilinkarrow-up11.96Karrow-down129
arrow-up11.93Karrow-down1imageThe only thing that is preventing basic living essentials for costing more is whether the capitalist class feel like rising the price or not.lemmy.worldStriker@lemmy.world to A Boring Dystopia@lemmy.world · 1 year agomessage-square148fedilink
minus-squaresheogorath@lemmy.worldlinkfedilinkarrow-up2arrow-down6·1 year agoSince the abandonment of gold standard it’s definitely artificial. https://wtfhappenedin1971.com/
minus-squareNιƙƙιDιɱҽʂ@lemmy.worldlinkfedilinkarrow-up5·1 year agoMoney is made up either way. It doesn’t matter if it’s tied to gold. The value of gold is made up, even if there’s a quantifiable physical amount of it. The problem here is a lack of regulation on capitalism. Or just capitalism tbh.
Since the abandonment of gold standard it’s definitely artificial.
https://wtfhappenedin1971.com/
Money is made up either way. It doesn’t matter if it’s tied to gold. The value of gold is made up, even if there’s a quantifiable physical amount of it. The problem here is a lack of regulation on capitalism. Or just capitalism tbh.