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this post was submitted on 15 Dec 2024
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Showerthoughts
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Shower thought back at you: won't we as a society just move the decimal place? Like maybe this has happened with other currency (I remember stories of devalued cash being carries in a wheelbarrel and used for wallpaper) but say the USD gets so devalued with inflation over time, that you can't buy even the cheapest in-store item for less than $100. Like a lollypop off the tree is $100.
Wouldn't we just start calling a hundo a buck and our bank system would do a switchover? One day your account would read $6,878 and the next it would be $69 (nice) and nothing else would change? You were making $420/hour and now its $4/hour.