Replying to Avatar BankSith

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 nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5

3b
Nobody 1y ago

Mornin' from London! ☀️👋

Inflation also isn't even real. Just a bunch of easily manipulated economic statistics that are used to trick the masses into believing that tax increases and forced labor are necessities to the improvement of the global economy.

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