Re:What the Crypto Crowd Doesn’t Understand About Economics
by dnautics on Tuesday June 22, 2021 @11:28AM
(#27592902)
> The fact that having a deflationary money supply is bad.
Your "fact" encodes a lot of presumptions. Bad for whom?
Moreover, post-civil-war US (deflationary) is a good counterexample, not entirely clear that that era was "bad", hell, a good chunk of the population was emancipated from slavery amidst deflation.
Your "fact" encodes a lot of presumptions. Bad for whom?
Moreover, post-civil-war US (deflationary) is a good counterexample, not entirely clear that that era was "bad", hell, a good chunk of the population was emancipated from slavery amidst deflation.