Kanzan on Nostr: incentive to make any investment at all is drastically reduced because prices fall ...
incentive to make any investment at all is drastically reduced
because prices fall when you are just sitting on your money
I'm not saying there's ZERO economic activity.
obviously there will tx for essentials.
but theres a spectrum
and erring completely on the other end of that spectrum is equally stupid.
ideally
the number of monetary units would generally track with economic growth and there would be stable prices.
Published at
2025-05-07 13:26:04Event JSON
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