Replying to Avatar James Lavish

Good morning.

Deficit spending will not end, federal debt will forever grow, and currency debasement will always follow. This is the life of a fiat currency.

Have a great day.
Avatar
Nicorama 1y ago

I am half expecting 10:1 or 100:1 exchange ratio for future CDBCs, unit bias is a great way to debase quickly.

Price of bread going from 0.1 to 0.2 just doesn’t feel like 10 to 20.

Reply to this note

Please Login to reply.

Discussion