Jeff Booth on Nostr: The market will figure it out as debt is liquidated over time because in a ...
The market will figure it out as debt is liquidated over time because in a deflationary system, the debt gets more expensive.
The reason people invest in ideas is that they “believe” they can have a higher rate of return than a “risk free” rate.
A belief that the only reason people invest is because otherwise their money loses value is a fallacy. In fact, that probably has more to do with a mis allocation of resources that hurt productivity.
There is no change to human nature by having a system obey the rules of a free market. Great ideas will be funded b/c there is an economic incentive to do so.
The reason people invest in ideas is that they “believe” they can have a higher rate of return than a “risk free” rate.
A belief that the only reason people invest is because otherwise their money loses value is a fallacy. In fact, that probably has more to do with a mis allocation of resources that hurt productivity.
There is no change to human nature by having a system obey the rules of a free market. Great ideas will be funded b/c there is an economic incentive to do so.