When in doubt,
Stack it out.
#bitcoin
I think the controllers do not want inflation.
Inflation is just the sad consequence of money printing.
They would be really happy if they could just print more money without inflation, without anyone noticing.
But this is not how the law of "conservation of energy" or money works.
#money #inflation #moneyprinting #plebchain #coffeechain
If you are forced to have a relationship. What are the chances that you will get a good one? Not so high, right?
Then what are the chances of buying good and useful things if we are forced to spend our money?
When can we make better decisions? When we are forced to make or when we naturally make a decision?
#bitcoin #plebchain #coffeechain
When I read customer agreements or eula's my exhilaration goes away.
WTF is wrong with the World?
#plebchain #coffeechain #discussion
#asknostr
What is the best way to create short informative animations?
Vote with your money!
Vote with your time!
Little efforts add up!
#plebchain
Is deflation catastrophically bad?
In my opinion, no.
What is deflation?
The decrease in prices.
How is price created?
demand
Price = ----------------------------
supply
What can cause inflation?
If demand ⬆️, prices ⬆️.
If supply ⬇️, prices ⬆️.
What happens if we want higher GDP?
GDP ⬆️, supply ⬆️, Prices ⬇️, which is deflation.
What will happen in such a case where we have inflation because of higher GDP/supply?
In my eye the following 2 scenario or their combination can happen:
1.) Supply ⬆️ -> Prices ⬇️ -> People buy more because it is cheap -> Demand ⬆️ -> Prices ⬆️ because of demand -> Sets an equilibrium
2.) Supply ⬆️ -> Prices ⬇️ -> People save because everything will be cheaper tomorrow -> Demand ⬇️ -> Price ⬇️ -> It does worth for companies to produce more, so they will cut supply -> Supply ⬇️ -> Price ⬆️ -> Sets an equilibrium
What is your opinion? What did I miss?
#asknostr #plebs #btc #bitcoin #economy #economics #money #deflation #inflation #fixedmoneysupply #plebchain #grownostr #asknostr #coffeechain
I think we shall stop arguing that we need no inflation.
Not inflation is the problem. The elastic money supply. The printing of money.
Inflation is just an indicator.
If we say we don't need inflation, it could be percieved as there would be no inflation if we were using bitcoin.
In the terms people think about inflation, there can be inflation. The prices can change in a fixed money supply economy either. But it will purely because of free market forces, supply and demand forces.
#plebchain #economy #coffeechain #btc #bitcoin
Did you know that if there were a fixed money supply still there wouldn't always be deflation?
#deflation #economy #plebchain
Have you noticed that
#inflation inproportinatly effects the poor and middle class, who own no or less assets?
In this sense #inflation increases the #wealthgap and push more people into poverty.
So don't use inflation for fighting against poverty.
On the other hand #deflation makes things cheaper, so over time poorer people can increase their living standards.
Therefore deflation is good for fighting poverty.
#nostr #economy #btc #coffeechain
Nature keeps a balance that makes it sustainable.
Humans keep no balance.
They always overdo the things out of greed that makes them unsustainable.
#plebchain #coffeechain
Giving advice << being a role
#grownostr #toomuchcaffeine