3 ms·
Yep. It's rent-a-dollar. Even today's physical dollars are only rented. If the FED doubles the money supply overnight, they've essentially taken some of your we
by christophilus 5y ago
Yep. It's rent-a-dollar. Even today's physical dollars are only rented. If the FED doubles the money supply overnight, they've essentially taken some of your wealth. But the difference is, with a digital currency, they can be selective and targeted.
It's difficult for me to see this as anything other than a net negative.