3 ms·
> So what do we do? (1.) We make safe assets more expensive to lower the risk/reward ratio for commercial activities: (2.) we make bank holdings very unrewardin
by Sammi 13y ago
> So what do we do?
(1.) We make safe assets more expensive to lower the risk/reward ratio for commercial activities:
(2.) we make bank holdings very unrewarding (lower interest rates),
(3.) we devalue the money in circulation and provide liquidity in one move (print money),
(4.) and government invests in big infrastructure (liquidity, jobs, momentum, signalling etc).
I clearly see how 3. is not possible with Bitcoins, but how are the others not possible?