Jesus.
https://www.stlouisfed.org/open-vault/2021/december/what-is-money
Money is a store of value.
Money is a unit of account
Money is a medium of exchange
@MSP_SMIMSA @sardonicsmile
OMG that's the most retarded article I've ever read. Ad it's on the FED website! Hahahahaha
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@MSP_SMIMSA @sardonicsmile
The reality is she talked about cattle, shells, stone wheels and all other kind of bullshit but she didn't say humanity has already solved it and has been using the same thing that has been working for over 5000 years and fulfill all her "requirements": gold.
It's stupidity at best, pure gaslighting at worst.
@MSP_SMIMSA @sardonicsmile
Exactly. I hate that they gaslight everyone openly. I hate the FED so much, it can't be measured.
@Zeb @sardonicsmile
Yes. You are right.
And it's a store of value.
So artificial inflation is destructive and the Federal Reserve shares articles saying as much.