What does lower recessionary yield mean?
Discussion
Yields fall into and during recessions. Here is more on the interest rate fallacy: https://www.bitcoinandmarkets.com/understanding-the-interest-rate-fallacy/
Read it. Thanks. Makes more sense
that ending was good BTW : "Credit is still possible with bitcoin, but commodity money is a financial asset without counterparty risk, and therefore, would go a long way to constraining the spread of contagion in the economy. Balance sheets would inherently be more secure with bitcoin than when all financial assets are someone else’s liability."
