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My read is that it's a critique against low interest rates and quantitive easing making cheap (thus unvalued/excessive - a surplus) money abundantly available t
by whytaka 6y ago
My read is that it's a critique against low interest rates and quantitive easing making cheap (thus unvalued/excessive - a surplus) money abundantly available to corporations and people already with money, but mostly out of hands of every day people. If everyday people however had faith in a cryptocurrency, they could ride up the asset inflation bubble with the moneyed class - thus negating the effects of wealth destruction present in this implied case of class warfare (waged by the moneyed class).