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Miguel de Icaza ᯅ🍉Sep 15, 2023

OMG this thread is wild!

https://mastodon.gamedev.place/@badlogic/111071396799790275

Mario Zechner (@[email protected])

Today was ... interesting. If you followed me for the past months over on the shitbird site, you might have seen a bunch of angry German words, lots of graphs, and the occassional news paper, radio, or TV snippet with yours truely. Let me explain. In Austria, inflation is way above the EU average. There's no end in sight. This is especially true for basic needs like energy and food. Our government stated in May that they'd build a food price database together with the big grocery chains. But..

Gamedev Mastodon

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Fernando Meyer Sep 15, 2023

@Migueldeicaza I wish we had more English literature teaching the history of inflation in brazil after the military coup until 94 when the government finally tricked the population into believing in the money again + selling their souls for external invés.

Despite the technology advancements described in the thread. That’s exactly what happened when Sarney decided to fixate prices, found some help in old ladies that visited supermarkets with pen and paper to track these prices

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Zeh Fernando Sep 15, 2023

@fmeyer @Migueldeicaza This is what I always come back to on the subject (in English).

https://www.npr.org/sections/money/2010/10/04/130329523/how-fake-money-saved-brazil

It was such a weird time, and it worked overnight (comparatively speaking) after a lot of dumb political initiatives. Blows my mind to this day.

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AGTMADCAT 🇬🇧🇺🇸🇺🇦🇹🇼🇵🇸

@zeh @fmeyer @Migueldeicaza fundamentally all money really is is a mutual agreement of a value. If you can get everyone to agree on that value then the currency will be stable and reliable. If you can't, then it won't.

It's a masterful bit of sociology, certainly, very well executed.