BankSith on Nostr: GM! 🌞 Didi you know? “Inflation is often presented as a complicated topic, but ...
GM! 🌞
Didi you know?
“Inflation is often presented as a complicated topic, but it's actually quite simple.
Inflation is currency debasement (an increase in the money supply) which almost always leads to increasing prices.
Inflation was once a temporary phenomenon which mostly happened during large scale wars.
The creation of central banking + going off the gold standard made inflation a permanent aspect of our money.
And it has profound negative impacts on our economy and society.
Getting back to sound money (non-inflationary money) is absolutely critical if we want a healthy economy and society.
#bitcoin #economics #investing #money #inflation”
via John Haar Swan (npub1tft…xar5)
Didi you know?
“Inflation is often presented as a complicated topic, but it's actually quite simple.
Inflation is currency debasement (an increase in the money supply) which almost always leads to increasing prices.
Inflation was once a temporary phenomenon which mostly happened during large scale wars.
The creation of central banking + going off the gold standard made inflation a permanent aspect of our money.
And it has profound negative impacts on our economy and society.
Getting back to sound money (non-inflationary money) is absolutely critical if we want a healthy economy and society.
#bitcoin #economics #investing #money #inflation”
via John Haar Swan (npub1tft…xar5)