inflation

An economic system built on #inflation…

1 min read

An economic system built on #inflation promotes debt rather than savings, allows governments to run deficits as a form of non-transparent taxation and primary benefits those nearest to the money printer.
Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/
1 min read

In the absence of good money,…

In the absence of good money, everything else that has some degree of scarcity gets monetised instead. This is the reason why middle-class income families can’t afford houses any more and
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A 2% inflation target means that…

A 2% inflation target means that your purchasing power halves every 35 years. That's interesting, because I thought productivity gains were supposed to lower prices over time, not raise them. Who