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Maybe the value of property and investments has remained static (has intrinsic value) and the value of money has plummeted. That would be the expectation from
by andy_ppp 11y ago
Maybe the value of property and investments has remained static (has intrinsic value) and the value of money has plummeted. That would be the expectation from printing loads of money right?
- collyw 11y agoIs that not the same thing viewed from a different angle?
- andy_ppp 11y agoI just think it makes more sense to me to see it this way; then you can say holding onto investments that will be popular for the rich or the price of Bitcoin should go up in this model. It also implies there is no asset bubble despite people repeatedly saying it, instead there is too much cash/cash is worth too little.