Reed on Nostr: Dear ECB, All fixed assets go up forever against fiat and credit based money that ...
Dear ECB,
All fixed assets go up forever against fiat and credit based money that expand indefinitely. You're correct that this makes it harder to acquire these assets over time; however, that is the fault of the infinitely expanding money supply, not the fixed assets. The only cure for this is to stop infinitely expanding the money supply.
Sincerely,
A Paranoid Crypto Anarchist
All fixed assets go up forever against fiat and credit based money that expand indefinitely. You're correct that this makes it harder to acquire these assets over time; however, that is the fault of the infinitely expanding money supply, not the fixed assets. The only cure for this is to stop infinitely expanding the money supply.
Sincerely,
A Paranoid Crypto Anarchist