Quentel on Nostr: It's going to get much, much worse. Even average people on the street, with no ...
It's going to get much, much worse. Even average people on the street, with no economic education are beginning to figuring out the time-value of money.
The currency-velocity shoots up and makes the economy look great for a short while, but it's a temporary high. Eventually, everyone runs out of money... both the spenders and the savers are crashed.
Published at
2024-05-11 07:15:16Event JSON
{
"id": "5d215af94d06a09141ad98064960eb0f8443f9377fced47b4c49cdbe1b5bacee",
"pubkey": "76ab1d2cabd0c11118714f4cbe8528db1723c4aca86690a48e35c96387d30ba6",
"created_at": 1715411716,
"kind": 1,
"tags": [
[
"p",
"142b85c9a71211e50083f6c5ce1eb86e8b4663cc2a8166b123477e21b1aaf78f",
"wss://relay.mostr.pub"
],
[
"e",
"8f3126f32466acb2484b7f18508913a5021ec6c86ec73d8a4065dbb0ae264017",
"wss://relay.mostr.pub",
"reply"
],
[
"proxy",
"https://nightshift.social/objects/870ba6a5-9dee-4fea-a6cc-7f6c7a1a5a36",
"activitypub"
]
],
"content": "It's going to get much, much worse. Even average people on the street, with no economic education are beginning to figuring out the time-value of money. \n\nThe currency-velocity shoots up and makes the economy look great for a short while, but it's a temporary high. Eventually, everyone runs out of money... both the spenders and the savers are crashed.",
"sig": "cbc86ec0fa10b9219d39c0e5bffe5eccfa4325953c9497184adac1eebea54952c56bb09f59e961d27a9203762c39e285869427376a13e355e205e899a007a0a0"
}