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
Not taking into account the bank closing or bank holidays aka confiscation
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So many ways to take it away from the consumer…
Absolutely, confiscation and taxes to death.
This is why #bitcoin