What is Nostr?
Lysander Spooner /
npub1avm…mfgw
2024-10-25 11:42:31
in reply to nevent1q…tn72

Lysander Spooner on Nostr: Nothing, have you thought about it for 4 seconds? If you expect your money to be ...

Nothing, have you thought about it for 4 seconds? If you expect your money to be worth more next month, why would you hire Johnny to mow your lawn this month? You won't, you'll DIY and suffer the opportunity cost of doing something more valuable with your time. Multiply this effect and NGU is enough to gum up an entire economy. By discouraging transactions, because your 'medium of exchange' is influencing purchasing or abstinence decisions.
Author Public Key
npub1avmz5jk4c409lupvak5ra244m06w30s840kz2c2mkt37h0lhh4sskqmfgw