What is Nostr?
frphank
npub1g7l…8yd9
2024-11-18 08:53:52
in reply to nevent1q…cq0f

frphank on Nostr: See there, if your economic theory about producers competing in some sort of price ...

See there, if your economic theory about producers competing in some sort of price race to the bottom were true, you wouldn't have any money left to stack sats.

The line only needs to do better than inflation, that's true, but does it. Inflation is guaranteed, it's one of the measures central banks use to regulate the amount of currency in circulation. Anything else depends on the misery and dreams of some naive people.
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