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A comment on The Wealthy Are Hoarding $10B of Bitcoin in Bunkers. Parent comment

Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by Spooky23 on Wednesday May 09, 2018 @11:11AM (#17030413)
No, it’s a motivation to abandon monetary policy focused on eliminating inflation and re-prioritizing employment.

The solution to hoarding capital is inflation or direct taxation of asssts.

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Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by daxorid on Wednesday May 09, 2018 @11:30AM (#17030574)
What? In what world is QE 1,2, and 3, the dramatic and unprecedented expansion of the ECB's balance sheet, and the BOJ and SNB openly buying equities "focused on eliminating inflation"?
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Re:The Wealthy Are Hoarding $10B of Bitcoin in Bunkers by Spooky23 on Wednesday May 09, 2018 @11:49AM (#17030751)
When all of that happened, inflation never increased above 5%.

Look at an inflation chart from 1900-today. 1984-today is basically flat. It’s never been less risky to hoard dollars.

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