I’m not arguing with you? I’m telling you the truth lol
Discussion
Out of curiosity, do you think we can run out of agreements? Back rubs? Material per se? Water, of which we have the same amount we always did?
Out of curiosity, is technology deflationary? and would a system of inflation cause the negative externalities in which I’ve stated above? A species survival stems on its ability to cooperate and and adapt, is that happening atm yes or no?
Typos for days 🤙😎
To be honest, I don't give a toss about macro economics. Net inflation and net deflation are Keynesian concerns. They put the cart before the horse, it's top-down thinking, like 'Satoshi' the central planner who thought he could enforce net deflation mathematically to get deflationary effects on the ground. Or, just wanted to bankrupt us all.
All I care about is net prosperity. What encourages voluntary exchanges -- the only place net prosperity excretes from, in the Austrian view -- and what doesn't. HODL is the opposite of exchange. Bitcoin is worse than a net-zero fixed pie gambling pool. It introduces net poverty, since it discourages voluntary exchanges in the present. Look at the lifestyle of the avg. Bitcoiner. That's a result of thinking and living like a Keynesian, not an Austrian, who makes as many voluntary exchanges as possible, understanding the buyer also profits from each one, in his own estimation (or he wouldn't have voluntarily bought).
lolems