Diesel on Nostr: Increase money -> spend money Decrease money -> don’t spend This conceptually makes ...
Increase money -> spend money
Decrease money -> don’t spend
This conceptually makes sense. What about the concerns of people not wanting to spend due to their money continuing to appreciate, i.e., the deflationary spiral? I’ve read before that this theory has its flaws that people will always need to spend in some fashion for basic necessities and such. What are your thoughts on this?
I’m not sure I follow the analogy to distributing wealth towards miners? Can you elaborate a little?
Decrease money -> don’t spend
This conceptually makes sense. What about the concerns of people not wanting to spend due to their money continuing to appreciate, i.e., the deflationary spiral? I’ve read before that this theory has its flaws that people will always need to spend in some fashion for basic necessities and such. What are your thoughts on this?
I’m not sure I follow the analogy to distributing wealth towards miners? Can you elaborate a little?