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No, I'm saying that consumption at subsistence levels and investment opportunities having to overcome a deflation hurdle is bad. It is very good that the defau
by llamaimperative 2y ago
No, I'm saying that consumption at subsistence levels and investment opportunities having to overcome a deflation hurdle is bad.
It is very good that the default thing to do with excess money is invest it.
- pshan 2y agoI'm not trying to strawman the opposing side, but I always found it ironic that many of the cryptocurrency proponents I talk to think that starting a business is amazing and innovation is important, but also hate inflation, which encourages those two things.
- llamaimperative 2y agoThey'd have to think at least one or two steps further than chart-go-up.