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The current economic system benefits those who consume in excess (compared to what they work/produce) like John who traveled to 10 countries this year on a loan and penalizes (by adding the burden of society's spendings on their shoulders) those who save/consume less (than they work/produce) like Mike who spent only what he produced and didn't take a loan to afford what he can't. This way, both John & Mike are forced to continue working but only Mike consuming more of the human and natural resources available.

Why would you save money and why wouldn't you take unsustainable loans?!

#DebtToInfinity

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Discussion

Church Of Covid 1y ago

The game is rigged, the economic system is based on consumption.

Money Supply x Velocity = price/inflation x real GDP

which means that if you save, velocity goes down which means inflation and gdp go down OR the central banks go full QE = bigger prices AND economic growth 😂

Conversely, in case of BTC, MS+V is constant which means 0 inflation and 0 growth based on the ancient paradigm of eternal growth.

That's why #BTC cannot exist for real as a unit of exchange/trade as long as it is quantified in fiat currency.