McCoy on Nostr: “Inflation is a hidden tax punishing savers in order to bail out debtors. Biggest ...
“Inflation is a hidden tax punishing savers in order to bail out debtors.
Biggest debtor: governments.
Fiat suffer from the moral hazard of easy debt issuance, that can later be erased through debasement at the expense of the savers.”
-Andreas Antonopoulos
Only winning move is to save in a money outside their system.
Biggest debtor: governments.
Fiat suffer from the moral hazard of easy debt issuance, that can later be erased through debasement at the expense of the savers.”
-Andreas Antonopoulos
Only winning move is to save in a money outside their system.