What is Nostr?
mikedilger /
npub1acg…p35c
2024-09-24 03:25:18
in reply to nevent1q…vtmy

mikedilger on Nostr: I'd like to add that the monetary inflation is intentional. It is not *just* ...

I'd like to add that the monetary inflation is intentional. It is not *just* profligate government spending out of borrowing. It is also from a belief that currency *should* go down in value in order to incentivize people to spend their money faster, which drives an economy to grow faster than it would have otherwise.
Author Public Key
npub1acg6thl5psv62405rljzkj8spesceyfz2c32udakc2ak0dmvfeyse9p35c