this post was submitted on 11 Apr 2024
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[–] [email protected] 1 points 1 year ago (1 children)

I did, and while they are using gold as a backing mechanism, that is a good thing. However, I suspect that will not last very long, and instead the individuals should hold the gold themselves and use that as a medium of exchange. If the currency has been lost 16 times, that clearly means the government is completely irresponsible.

[–] [email protected] 14 points 1 year ago (1 children)

You might need to give it one more reading

[–] [email protected] 1 points 1 year ago

Okay, what did I miss? I realized that I said 16 instead of 6 currency devaluations, but otherwise I don't see what I've missed.