What is Nostr?
cmk / Ember Of Hope
npub1q58…ncdc
2024-03-29 19:26:55
in reply to nevent1q…aww3

cmk on Nostr: There is a finite amount of credit that can be pulled forward before it begins to ...

There is a finite amount of credit that can be pulled forward before it begins to feed on itself.

That’s what we are running into today with exponential increases in global credit.

There is a pretty strong illusion in fiat world that credit is capital. My hunch is that illusion crashes in the next 10-20 years.
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npub1q58hraynp4mupqcertys3gdp0e64yg2ccwyvhg7zu7483xcj2p4srxncdc