What is Nostr?
Jeff Booth /
npub1s05…eyhe
2023-08-19 16:34:24

Jeff Booth on Nostr: Mises quote comes to mind when reading this. “There is no means of avoiding the ...

Mises quote comes to mind when reading this.

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The only alternative is whether the crises should come sooner as a result of the voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved”

https://creditbubblebulletin.blogspot.com/2023/08/weekly-commentary-crisis-of-confidence.html?m=1

Remember - it is not fiat dollars pricing #Bitcoin. It is #Bitcoin repricing everything else (with a lag and over a longer time horizon)
Author Public Key
npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe