enur72 on Nostr: The increase in the money supply (monetary inflation) marked with red facilitated the ...
The increase in the money supply (monetary inflation) marked with red facilitated the greatest robbery in human history.
But the reduction of the money supply (monetary deflation) marked with yellow may be just as brutal in its redistribution of economic wealth.
Which phase of this rugpulling excercise that will be worst remains to be seen.
The combination of these movements are perhaps the most interesting:
The inflation phase enables the rich and speculators to become rich, while the deflation phase pulls the rug from many who are in these groups and transfers their wealth further on to the super rich.
It's like stirring the milk and then scooping up the cream.
But the reduction of the money supply (monetary deflation) marked with yellow may be just as brutal in its redistribution of economic wealth.
Which phase of this rugpulling excercise that will be worst remains to be seen.
The combination of these movements are perhaps the most interesting:
The inflation phase enables the rich and speculators to become rich, while the deflation phase pulls the rug from many who are in these groups and transfers their wealth further on to the super rich.
It's like stirring the milk and then scooping up the cream.