4 ms·
Deep pockets in the sense of "can print indefinitely or until the inflation leaks into Bitcoin", and shallow pockets in the sense of actual artillery shells and
by rokkitmensch 3y ago
Deep pockets in the sense of "can print indefinitely or until the inflation leaks into Bitcoin", and shallow pockets in the sense of actual artillery shells and interceptors.
- CRConrad 3y agoWhy would "inflation leaking into Bitcoin" stop governments from printing money?!? It's not as if the shady "crypto" tail wags the big dogs of the real economy, is it?
- rokkitmensch 3y agoThere's just never been anywhere for the coordinated inflation to leak into before. Novel territory, just keeping an eye on the future. A dollar continues to buy less of everything, be it equities or commodities.