SimplifiedPrivacy.com on Nostr: We are not really disagreeing much here, mostly definitions and outcomes. I do think ...

We are not really disagreeing much here, mostly definitions and outcomes. I do think there would be hyperinflation tho. It's not possible for either of us to know, as the asset prices themselves would collapse, as they cashed out. So our disagreement is subjective.

I agree it isn't an illusion on an individual level, as they aren't trapped. But as a collective group they are. This is the same with fractional reserve banking. As an individual depositor there is no illusion or trap. This depends on how one defines "illusion".