Why Nostr? What is Njump?
2023-07-03 01:55:13

Long_Vol on Nostr: Any new credit created causes a devaluation of the existing currency, thus inflation ...

Any new credit created causes a devaluation of the existing currency, thus inflation takes away your current currency based wealth and your earning power as well as your power to pay interest on any existing debt and your power to buy future goods. why is this hard to understand?
Author Public Key
npub1wpams2wfd6jvrl30axmtpjn24weu97mv7xx0gtyupejrrh4vla6s3e7yhl