👨💻 utxo 👨💻 on Nostr: Correct. When there is too much malinvestment you need recessions or even depressions ...
Correct. When there is too much malinvestment you need recessions or even depressions to clear out shit businesses. The alternative is bailouts, central planning and inflation. Pick your poison
Published at
2024-11-07 13:23:32Event JSON
{
"id": "601ca70d870e5ad488cdd2e9e734db3a3332e5c5907aeb51866804ca01d6959b",
"pubkey": "e2ccf7cf20403f3f2a4a55b328f0de3be38558a7d5f33632fdaaefc726c1c8eb",
"created_at": 1730985812,
"kind": 1,
"tags": [
[
"e",
"4a773659fd3c4af4433951bd8bac2a14c73aa4e8c8d258b6934d6395aaf3d35b",
"",
"root"
],
[
"e",
"688211dbac8568525b5c9237101747811800a473b40d0baf6db72de1cbe4840e"
],
[
"e",
"6ec4c98c53f75efa26242c3300b1aca85f45ef37335574ed4f290dadc0b83f42",
"",
"reply"
],
[
"p",
"e2ccf7cf20403f3f2a4a55b328f0de3be38558a7d5f33632fdaaefc726c1c8eb"
],
[
"p",
"a76dc09a8c2437c08d918d0896c6a10cc22a5ea74339a0925175dadce1c9508f"
]
],
"content": "Correct. When there is too much malinvestment you need recessions or even depressions to clear out shit businesses. The alternative is bailouts, central planning and inflation. Pick your poison ",
"sig": "415c0f389f1787c3c8f0d9fa7e7c1de20ff155dc177c7176f9beb83dcbf9a46063ed70395a7934ad7d83bb7db519fea2a5e52587ce07c27bbd084506c9a3bf42"
}
