Dissident Sound on Nostr: in other words although supply of money and demand for it both have equal effect on ...
in other words although supply of money and demand for it both have equal effect on the value of money supply is actually relatively static ( it grows at a slow and relatively steady rate ) whereas demand is dynamic.
supply is unlikely to go to infinity overnight but demand can go to zero overnight ( for example if US loses WW3 to China )
don't expect Austrian cocksuckers to explain these things to you. they don't care about reality. they care about pumping gold and bitcoin and avoiding taxes.
their real objection to fiat system is having to pay taxes, which are ultimately paid to the federal reserve as interest on loans.
so of course they begin to rationalize how everything is the fault of federal reserve when in reality China also has central banks - the difference is they DON'T HAVE NIGGERS.
the reason Yuan is beating the Dollar is because Chinks > Niggers
( Andrew Tate Voice ) Do You Understand ?
supply is unlikely to go to infinity overnight but demand can go to zero overnight ( for example if US loses WW3 to China )
don't expect Austrian cocksuckers to explain these things to you. they don't care about reality. they care about pumping gold and bitcoin and avoiding taxes.
their real objection to fiat system is having to pay taxes, which are ultimately paid to the federal reserve as interest on loans.
so of course they begin to rationalize how everything is the fault of federal reserve when in reality China also has central banks - the difference is they DON'T HAVE NIGGERS.
the reason Yuan is beating the Dollar is because Chinks > Niggers
( Andrew Tate Voice ) Do You Understand ?