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I'm curious why you think this is true. The aggregate economic output of the US economy is no the inflation rate in any meaningful sense, or else 'economic grow
by Remnant44 5y ago
I'm curious why you think this is true. The aggregate economic output of the US economy is no the inflation rate in any meaningful sense, or else 'economic growth' could be achieved simply by inflating your currency.
- randomhodler84 5y agoIt’s a theory I heard from Michael Saylor interviews. The more I think about it, the more it makes sense. What if inflation was already very bad, far worse than reported, and our efficient markets were merely illustrating this to us. Until the invention of Bitcoin, the only place you could stash fiat in order not go poor slowly was Stonks. It still is stonks, mostly, but some crazy folks like myself have an alternative. I’ve been watching fiat depreciate against the Bitcoin for a while now…