Cyph3rp9nk on Nostr: A debt system cannot be applied to an underlying economy in a hard money pattern. ...
A debt system cannot be applied to an underlying economy in a hard money pattern.
There simply comes a day when there is not enough money to lend.
They play on the Cantillon effect, infinite money but only for some, otherwise they would not benefit.
I'll lay it out with a simple example in a note.
Published at
2023-01-03 21:00:08Event JSON
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"content": "A debt system cannot be applied to an underlying economy in a hard money pattern. \n\nThere simply comes a day when there is not enough money to lend.\n\nThey play on the Cantillon effect, infinite money but only for some, otherwise they would not benefit.\n\nI'll lay it out with a simple example in a note.",
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