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Bitcoin Dad
npub1vqd…upvj
2023-09-10 12:45:38
in reply to nevent1q…m6fa

Bitcoin Dad on Nostr: Just the prospect of volatile price inflation disincentivizes businesses from ...

Just the prospect of volatile price inflation disincentivizes businesses from investing (either in capital or labor) because it's hard to know what your variable costs will be in the future. Relative price stability allows more accurate economic calculation.
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npub1vqdwlnn7l9jm6860s3akpj8g887ujnyggqnnfp4f6tveuev5k44qrvupvj