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The incentives don’t align, those closest to the money printer get the greatest benefit of freshly spent money. They are scared of ₿itcoin because they can’t control it, and the ones who think they can control it; are just as dumb as the ones that were frivolously spending thinking they were helping

VOLKER - Voice Of Logic Knowledge Experience & Responsibility 9mo ago

That's what we're all used to thinking, yes. But what if we're wrong?

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Discussion

Logen 9mo ago

If we’re wrong, it would need to be disproven as true

VOLKER - Voice Of Logic Knowledge Experience & Responsibility 9mo ago

Well, for one, at least in non-banana-republics, politicians don't directly profit financially from money printing. It just enables them to remain in power longer than otherwise, and maybe opens some job opportunities later. So at least part of your assumptions aren't 100% correct.

Logen 9mo ago

I don’t know what you mean, Politicians stay in power by making sure they and their friends get rich. Money printing helps them do that.

VOLKER - Voice Of Logic Knowledge Experience & Responsibility 9mo ago

If you reduce all motivation of politicians to just mere power and money, then you may be right. I personally believe some haven't lost all of their humanity yet.

Logen 9mo ago

Sure, some might still have a little humanity left—just not enough to get in the way of their bank accounts.