"When prices fall, people put off buying things" So I'll never go on vacation, cause next year it will be cheaper. So I won't do the surgery now, cause next ye

"When prices fall, people put off buying things" So I'll never go on vacation, cause next year it will be cheaper. So I won't do the surgery now, cause next year it will be cheaper. etc, etc. This "common knowledge" means no one will ever buy anything if prices fall. That's patently wrong. It may be true for fads, but not for things people really want. "This self-perpetuating cycle of doom [..] is what has been sinking us since 2008, though this time central banks have at least kept prices from falling, just barely." I live in a crisis stricken country in europe. Prices are NOT falling. That's a generalization and a lie. Prices fall for your property, what you have, and what you don't need, and prices are the same or spiking for things you need. Taxes also are spiking 2x 3x+. So, for example, you pay more and more taxes for your home, which is falling in price. (Owning it, not on debt.) But oil, food, electricity, etc, are rapidly increasing. Deflation and prices are falling, is a lie. They just destroy people, in order to pick up cheap on properties. "What Bitcoin really needs is a central bank to stabilize its value." lol. I remember seeing a graph of how much the dollar has lost it's value since the fed was created. Something like 90+%. I remember how much a coffee costed before entering the euro, and how much it costs now. Something like 15x more. It's bubbles, money printing, lies, and pure stealing. Central banks steal from all of us through inflation, and also give a competitive advantage to whoever they give the newly minted money first. (Their pals, big banks, etc.) " See, the technology of Bitcoin really is revolutionary, but the currency of Bitcoin is holding it back. [..] So who's the perfect person to run Bitcoin? [..] Someone like ... Ben Bernanke." This seems like a propaganda preparation piece. It seems that big players will introduce electronic money soon.