Money supply growth went only 4 times negative in the past…
Soft landing
Discussion
Maybe we need another great depression so the sheep will wake up and realize the #inflation isn't helping.
Having #Bitcoin currently feels like leaving the Titanic in a private jet.
On this topic: Recommend reading Human Action chapter XX / 6. „The Gross Market Rate of Interest as Affected by Inflation and Credit Expansion“
It’s so good and free:
Thanks! Will look into it
What pages would I find this?
Starting page 547 in the pdf
Or you download the epub version, where you can jump to chapters:
Sorry it’s 547 for the number on the pages, but page 584 in the pdf file
584-600 in the pdf