Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Monday, March 10, 2008

Why dwarves are smarter than Americans



As the United States comes closer to economic collapse I think it is important to look at why dwarven economies last for millenium while the US economy probably won't outlive the livetime of a single generation of dwarves...gold! Dwarves use the gold standard for their currencies. Have you ever heard of a single clan of dwarves ever using fiat money? Even the duergar have the good sense to use currencies with hard value. While it may be true that a gully dwarf will give you gold for a used rat's tail, even they use precious metals and gems to get that precious piece of rodent. It is true that really successful dwarven clans risk attracting the attention of rather foul dragons and even the occasional rust monster, the risks are at least hedged against inflation. My advice is to learn from the dwarves and aquire as much silver, gold, precious gems, platinium and even electrum as you can lay your hands on for your paper money. A storm is coming and the breathe of a dragon does more damage to paper than metal.