What is Nostr?
Long_Vol / Ed_Ward
npub1wpa…7yhl
2023-07-02 23:55:13

Long_Vol on Nostr: Any new credit created causes a devaluation of the existing currency, thus inflation ...

Any new credit created causes a devaluation of the existing currency, thus inflation takes away your current currency based wealth and your earning power as well as your power to pay interest on any existing debt and your power to buy future goods. why is this hard to understand?
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npub1wpams2wfd6jvrl30axmtpjn24weu97mv7xx0gtyupejrrh4vla6s3e7yhl