volition on Nostr: Concur this is one of the justifications for maintaining inflation and government ...
Concur this is one of the justifications for maintaining inflation and government (via central bank) control of the money supply.
A side effect is its economic distortion from normal in that it incentivizes consumption over savings.
Published at
2024-09-24 09:54:26Event JSON
{
"id": "1420e4f526c9dbd03c613bb7c0a09fe8b4516a04d6d719289db26745f1ac3655",
"pubkey": "8ca245879378bd9cc2b3e3032f9c9d73f1ec8461218ce8c3bc806a78085a52c2",
"created_at": 1727171666,
"kind": 1,
"tags": [
[
"e",
"3e051f742de84cc5828a366ff2c64a6b7da5950c480225fa404ea0266dd30cf2",
"wss://relay.damus.io/",
"root"
],
[
"e",
"5f57010e9ac39d60d806b769cd460a4eeeb20d4740559af348c56a8dcbecd7ed",
"",
"reply"
],
[
"p",
"e3b5f43280264c6d1d2e4376e5c5de645ae66bc580fa454f01b711e7f5bee9d0"
],
[
"p",
"e0e92e542d79b28e79c6efe95891d38f49636e48560a8e618b953bded630dfaa"
],
[
"p",
"ee11a5dff40c19a555f41fe42b48f00e618c91225622ae37b6c2bb67b76c4e49"
]
],
"content": "Concur this is one of the justifications for maintaining inflation and government (via central bank) control of the money supply. \n\nA side effect is its economic distortion from normal in that it incentivizes consumption over savings.",
"sig": "35e41d0cc98d06f659141926716f96fadc932ac07e250877a61c70cad2579f114bd589329778885296fff0416b3f35fb5bfeb18078e4f010807b8302c21d32d6"
}
