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Re:When Bitcoin miners take over a town (2018) by lifty on Sunday February 21, 2021 @04:55PM (#26217641)
It is the bed central banks have laid for ourselves. They did and continue doing everything in their power to prevent asset price deflation, and this is the result. And I imagine that when things will get even more out of control we will get capital controls.
Re:When Bitcoin miners take over a town (2018) by vkou on Sunday February 21, 2021 @06:44PM (#26218545)
Given that money supplies contract during recessions, which drives deflation, I would argue that they did everything in their power to prevent both asset price deflation, in addition to actual, main-street deflation.