jasontheoriginal on Nostr: Bitcoin will be worth infinity USD. There is a looming death debt spiral. No fiat has ...
Bitcoin will be worth infinity USD. There is a looming death debt spiral. No fiat has last as long as USD due to the Pedro dollar which is ending. There is no top to bitcoin because there is no bottom to FIAT.
Fiat can never last forever. They need to issue bonds and pay them back with intrest to make the money. Where does the intrest come from? More bonds with more intrest.
If they didn't pull a fast one on the world and start with gold as a base value before they rugged us FIAT would never have value to start with.
Learn what fiat is.
When asked how does fiat survive over the long term, "in the end we are all dead"
Translation= steal from future generations now to enri h ourselves we will be dead by the time it colapses. -John Maynard Keynes
Modern Monetary Theory is the only "science" where the questions don't balance. Austrian Economics was always correct and balanced. FIAT is a complex ploy for the ultra elite and governments to rob the citizenry blind, because, yiu know, you need inflation to have a successful economy.
Fiat can never last forever. They need to issue bonds and pay them back with intrest to make the money. Where does the intrest come from? More bonds with more intrest.
If they didn't pull a fast one on the world and start with gold as a base value before they rugged us FIAT would never have value to start with.
Learn what fiat is.
When asked how does fiat survive over the long term, "in the end we are all dead"
Translation= steal from future generations now to enri h ourselves we will be dead by the time it colapses. -John Maynard Keynes
Modern Monetary Theory is the only "science" where the questions don't balance. Austrian Economics was always correct and balanced. FIAT is a complex ploy for the ultra elite and governments to rob the citizenry blind, because, yiu know, you need inflation to have a successful economy.