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Balance budgets. Invest in productivity improvements. Buy back debt. Then the currency being devalued against the deflationary currency of bitcoin becomes wo
by Frogolocalypse 9y ago
Balance budgets. Invest in productivity improvements. Buy back debt. Then the currency being devalued against the deflationary currency of bitcoin becomes worth more in comparison.
Can't see it happening though. I believe that bitcoin is going to swallow all of the fixed-asset debt in the world. It is the pin that pricks that bubble. Consumer banks are dead and they don't even know it yet. Investment bankers are going to make out like bandits.