Re:Bitcoin is a disaster
by ximeng on Thursday December 31, 2020 @08:17PM
(#25599649)
Isn’t the issue exactly that money supply is increasing decoupled from the real economy? This is why quantitative easing hasn’t particularly increased consumer prices, which are one important indicator of value.
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Money supply rarely goes directly to consumers, it first has to be spent by the receiving parties and distributed to the wider economy before consumer prices begin increasing.
But it doesn't happen without the prerequisite of money being printed.