Isn’t that almost the same thing? No way a dollar bill that is 1 day before expired would have the same value as a dollar bill that expires in a year.
Or do you except a shop would have to accept a bill that expires in 10 seconds and they won’t be able to do anything with it? Would you be fine if your employer paid you with bills that expire in 2 days?
Sounds like something that would be trivial for the wealthy to circumvent while being very expensive for the poor to do the same. Someone with the means can just pay someone to continuously refresh their money with new money. Unclear on how people will deal with transactions when different bills have different values from what’s written on them.
That is literally what inflation is for. Central banks try to keep inflation at around 2% to discourage hoarding money.
This is not what im talking about and they are not 1 for 1 analogous.
What are you talking about than?
Hard expiration date tied to the day the currency was created.
Isn’t that almost the same thing? No way a dollar bill that is 1 day before expired would have the same value as a dollar bill that expires in a year.
Or do you except a shop would have to accept a bill that expires in 10 seconds and they won’t be able to do anything with it? Would you be fine if your employer paid you with bills that expire in 2 days?
Sounds like something that would be trivial for the wealthy to circumvent while being very expensive for the poor to do the same. Someone with the means can just pay someone to continuously refresh their money with new money. Unclear on how people will deal with transactions when different bills have different values from what’s written on them.