What Bitcoin Does (WBD)
Hey nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpr9mhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uq3samnwvaz7tmswfjk66t4d5h8qunfd4skctnwv46quynwdh . Remember Jeff Snider and his concerns around liquidity being an issue for hyperbitcoinization? Assuming I understood his point correctly.
Well, check out this podcast with the father of quantitative easing as a policy tool. It was not Bernanke's idea and the noble prize was misdirected. What else is new with captured bodies. But I digress.
At minute 34:26 he hits on the point of why money creation and hence inflation is not necessarily bad. You read that correctly. Isn't that what Jeff was trying to say? Check it out :)
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