> Generally speaking, people's lives get better the more goods and services they exchange. “Goods and services” strikes me as being overly broad. Self-educatio

> Generally speaking, people's lives get better the more goods and services they exchange. “Goods and services” strikes me as being overly broad. Self-education is increasingly obtainable online, and has had an outsized impact on my quality of life compared to other things I’ve spent money on. Regardless, it’d be putting it mildly to say there’s ample room for interpretation here. (And this is without getting into all the abstract philosophical concepts that creep their way into any discussion about “life betterment”.) > If you have all the goods and services you need, you're supposed to loan or invest your money to someone Particularly if we take an “infinite growth at all costs despite finite physical resources” world view. But if not... > Deflation disincentivizes these exchanges, and a fixed supply is even worse. Worse for who? Humans? Humans are already vastly overpopulating this planet. To someone like myself who’d be pleasantly surprised if humankind lasted another three decades here on Earth, I think your system of value is of questionable merit. We need to curb growth, starting today, to avoid an ecological collapse. A deflationary economic system like Bitcoin can help avoid calamity for billions.