What is Nostr?
volition /
npub13j3…9tpq
2024-09-03 23:18:24

volition on Nostr: I believe Bitcoin eliminates inflation, however not business cycles (boom and bust) ...

I believe Bitcoin eliminates inflation, however not business cycles (boom and bust) that would continue, production and demand being affected weather.

However these cycles would be shorter as the economy could adjust faster to supply and demand differences, with less ability for government to distort efficient free market functioning.

Thoughts?
Author Public Key
npub13j3ytpun0z7ees4nuvpjl8yaw0c7eprpyxxw3sausp48szz62tpq6f9tpq