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Let’s pull out a calculator, to verify some of that Keynesian theory. If I put 100$ in a checking account (let’s call it a larceny account) after 10 years there would be 82.03$ left. After 20 years, 67.30$ left. After 50 years, 37.15$ left. And after 100 years, 13.80$ left.

I’m supposed to believe that this is a healthy system? How?

How can it be healthy to have a monetary system designed to steal from you ?

Some believe in Keynesian theory.

I understand maths.

I’m so grateful for #bitcoin

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node 2y ago

Keynesian theory ie 2% “target” inflation rate

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