What is Nostr?
niltempus
npub1cec…t7pp
2024-07-12 12:27:14
in reply to nevent1q…ne0y

niltempus on Nostr: Fiat inflation is theft, no doubt. What is the macro relationship between ...

Fiat inflation is theft, no doubt. What is the macro relationship between productivity, infinite deflation, and demand? What are the incentives in a world where everything is essentially free? Considering what history teaches us about human nature, what are the societal impacts? Heirachy is essential to nature. Chasing utopia has never worked out well.

Not against Bitcoin, there are many advantages over Gold, but the world was quite prosperous in a zero inflation price stable market.
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