General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Andrew Wilson
Whatifalthist
comments
Comments by "Andrew Wilson" (@andrewwilson9183) on "The Great Wave Crashes" video.
If the economy outpaces the money supply you get deflation, which means recession. There is a good book from over one hundred years ago “History of Money in the United States and British Empire” that said that England for hundreds of years struggled with a stagnant even declining gold and silver supply, that was rescued by the gold and silver imports of the Spanish Empire.
1
@laststand6420 No, a stagnant money supply isn’t good.
1
@dustins382 A constitutional amendment that says that any increase in the money supply must be distributed proportionately to currency holders.
1
@skylinefever the money supply should not be stagnant
1
@r2dad282 no, a stagnant currency is not good.
1
@r2dad282 Also there are risks to a gold standard. I am sure you have heard of the Spanish empire, and asteroid mining. Draw from that what you will.
1