Even Robinson Crusoe Understood the Price and Value of Money

Money is key to markets, enabling trade and economic calculation. Its value, its purchasing power, is eroded by inflation, which benefits the connected at the expense of savers.

By · · 1 min read

Source: bitcoinmagazine.com

Money is key to markets, enabling trade and economic calculation. Its value, its purchasing power, is eroded by inflation, which benefits the connected at the expense of savers.