Solstin on Nostr: #AES #Bitcoin §27 Free Market Signals and Fiat Drift With fiat, artificially low ...
#AES #Bitcoin §27 Free Market Signals and Fiat Drift
With fiat, artificially low interest rates for the fiat oligarchy distort and cause financial signals to drift. Eventually, assets will go parabolic. Melt up. On the surface, this doesn’t seem rational. But it is reasonable when you know fiat is 100% guaranteed to debase. When the credit risk gets too high, a melt-up will happen. It’s already started.
With fiat, artificially low interest rates for the fiat oligarchy distort and cause financial signals to drift. Eventually, assets will go parabolic. Melt up. On the surface, this doesn’t seem rational. But it is reasonable when you know fiat is 100% guaranteed to debase. When the credit risk gets too high, a melt-up will happen. It’s already started.