Why Nostr? What is Njump?
2025-05-16 17:29:39
in reply to

2PacStackur on Nostr: Deflation can be bad but I fundamentally disagree that all any amount of deflation is ...

Deflation can be bad but I fundamentally disagree that all any amount of deflation is always bad. It depends on degree and cause. If your thesis is that hard money disincentives investment and economic activity I disagree does it mean utopia no or that recession isn’t possible no, but if you have more capital from saving eventually there is a point where it is advantageous to invest or spend. Saving then investing vs borrowing to invest.
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npub150q6tnk63wrt0jmy6ht27k8u0pa6gq8jjy4eq7tf6f6507t9ghgqnnen2h