this post was submitted on 30 Sep 2023
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[–] rockSlayer@lemmy.world 1 points 1 year ago (1 children)

Do you know what a fiat currency even is? It seems like your mind is still stuck in the gold standard. I'm not going to get into your pendantic bullshit again.

[–] Wanderer@lemm.ee 0 points 1 year ago

Yes it's driven by market forces.

You know the feds job is to control the flow of money right? Independent of the government.

They will put the country into a recession before inflation gets out of hand. That's how important the control of currency is, it's the main job.

It seems like you don't understand how fiat currency has its value or who controls it.