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A comment on How Dirty Money Disappears into the Black Hole of Cryptocurrency. Parent comment

Re:How Dirty Money Disappears into the Black Hole of Cryptoc... by vkhorikov on Friday September 28, 2018 @08:01PM (#18097938)
That's a quite simplistic Keynesian view of economics. Economy != money changing hands. Savings are necessary for economic growth as they represent unspent resources in the economy that can be put into long-term projects and investments.
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Re:How Dirty Money Disappears into the Black Hole of Cryptoc... by riku_iki on Friday September 28, 2018 @08:16PM (#18097994)
That's the thing with deflation: money holders don't have incentive to put it into "long-term projects".
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Re:How Dirty Money Disappears into the Black Hole of Cryptoc... by vkhorikov on Saturday September 29, 2018 @02:25PM (#18101928)
Do the money holders keep their money in their house? Or do they keep it in banks? What the banks do with the money? Nothing? Or lend it to new businesses/invest it?
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