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At some future point inflation will compound so much, that the USD will do a "stock split"
Posted on 4/29/25 at 1:44 am
Posted on 4/29/25 at 1:44 am
Just thinking today. Even if centuries from now, or decades, the values will get too large for just basic practicality. I see a stock split type deal where 2 things happen.
1. Any digital currency like in your bank account will divide by whatever amount set automatically. Maybe 1,000 by then.
2. Any tangible currency (if it is still around then), will either not be accepted as payment and have to be turned into a bank/gov for it's new rate. Or it could be accepted, but there will be a split rate applied to it at checkout if the Year printed on the bill is before the split date.
This will have to be worldwide so people don't stash cash in Brazil to try take advantage of new rate. Maybe at this point a common global tech currency is used (maybe bitcoin haha). Just a shower thought.
1. Any digital currency like in your bank account will divide by whatever amount set automatically. Maybe 1,000 by then.
2. Any tangible currency (if it is still around then), will either not be accepted as payment and have to be turned into a bank/gov for it's new rate. Or it could be accepted, but there will be a split rate applied to it at checkout if the Year printed on the bill is before the split date.
This will have to be worldwide so people don't stash cash in Brazil to try take advantage of new rate. Maybe at this point a common global tech currency is used (maybe bitcoin haha). Just a shower thought.
This post was edited on 4/29/25 at 1:48 am
Posted on 4/29/25 at 9:49 am to Saunson69
quote:
Any tangible currency (if it is still around then), will either not be accepted as payment and have to be turned into a bank/gov for it's new rate.
Isn't this basically what happened to the penny?
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