Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by imtringued on Thursday January 28, 2021 @02:14PM
(#25947357)
You need inflation to at least match productivity improvements. Otherwise your economy will slow down over time.
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by hajile on Thursday January 28, 2021 @02:32PM
(#25947688)
I agree on the importance of inflation, but with a difference in how it happens.
Bitcoin currently inflates slightly. I think it should target a 1-2% steady inflation forever both to encourage spending and to replace lost coinage.
At the same time, inflation should not be a spending power advantage. By distributing inflation among miners, you don't give disproportionate advantage to any one group like governments currently enjoy. I view this as more fair and it removes the incentive to attempt to change inflation rates in the future.