Kudzai on Nostr: “The high priests of central banking started running with this narrative and people ...
“The high priests of central banking started running with this narrative and people have come to believe that it is a law of physics. Economies cannot operate efficiently unless there is a steady flow of new monetary units being created and introduced to the economy. If new monetary units aren't being created people will hoard their money and grind the economy to a halt.”
This is why we #Bitcoin anon
The ability of money to increase in purchasing power over time has been made impossible due to the fact that central banks have a baked in inflation target that they use to create price stability.
The idea that saving money is bad has led to this policy.
https://tftc.io/martys-bent/higher-savings-are-good-for-economy/
Published at
2023-09-14 15:56:45Event JSON
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