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Replying to Avatar ⬣ Socrates ⬣

You may not be aware, but the super-rich are the ones who get the majority of newly printed money first.

Those who receive the newly printed fiat currency first get to spend it before its value can drop.

The market can't raise prices before the money have entered the market.

There is a delay so to say.

And it is the 99% who typically end up with the money as the last part of the chain and feel the debasement.

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FarCue 2y ago

#bitcoin fixes this

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