nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_774 - Bitcoin Won't Fix the Federal Reserve
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TFTC #457: How a Miner Survives a Bitcoin Bear Market with Drew Armstrong & AJ Scalia
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How Inflationary Money Causes the Affordability Crisis
Contrary to the state-informed economists that make their living using technocratic arguments on behalf of the state, deflation is not a bad thing at all. Rather, it is a natural state of human affairs that encourages good decision-making by the consumer. Where there is deflation, I can get an increase in purchasing power by simply not spending my money. This means that when one goes to buy something, they must make the tradeoff between having some goods now and having more goods and services laterβa natural tradeoff to make.
On the other hand, under inflation, we are incentivized to spend money on literally anything as it will necessarily be more expensive in the future. In this case, the value of money depreciates, which means you can choose between some goods now and fewer goods and services in the future.
Bitcoin: The Digital Gold Standard For The Digital Age
Bitcoin and Data Monopolies | Bitcoin is Venice Series Episode 3 (WIM383)
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Sacha Meyers
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Gonna just give up on mining and live off of nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev zaps from now on.
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Breaking!
Bitcoin Financial Advice with nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf & nostr:npub1rexyltl8ke389qlxqc0707rz77fuuqzdsdd69vlzneaz2p9vnkaq4l6u3c
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nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #276: Return of the Bull?
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Stay humble. Stack sats. Starve the State.
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The Specter of Hyperinflation Looms over the Economy
My latest from #Mises
https://mises.org/wire/specter-hyperinflation-looms-over-economy
Credit expansion cannot increase the supply of real goods. It merely brings about a rearrangement. It diverts capital investment away from the course prescribed by the state of economic wealth and market conditions. It causes production to pursue paths which it would not follow unless the economy were to acquire an increase in material goods. As a result, the upswing lacks a solid base. It is not real prosperity. It is illusory prosperity. It did not develop from an increase in economic wealth. Rather, it arose because the credit expansion created the illusion of such an increase. Sooner or later it must become apparent that this economic situation is built on sand.
