₿itcoin on Nostr: Wait, did I just explain inflation in the most simple way ever? #asknostr #inflation ...
Wait, did I just explain inflation in the most simple way ever?
#asknostr #inflation #plebs #bitcoin
#asknostr #inflation #plebs #bitcoin
quoting nevent1q…cvl2When the federal reserve decides to inject 18.000.000.000$ in the economy they generally do not print it.
They create digital deposits out of nothing and use the debt market to create more debt and thus more dollars to needed to be paid thus increasing the dollars in the economy. If I am right.
But it really confuses me so I actually am curious about how that precisely works.