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69 sats \ 1 reply \ @kr 3 Jan 2023
It’s amazing how much fiat financial system damage has occurred over the last 12 months leading up to this moment.
And that’s all just to get back to a net-zero new money printing system, not even considering unwinding all the money that has already been printed.
The fiat financial system isn’t designed for this kind of austerity, at least not for prolonged periods of time.
Will be interesting to see how long this lasts, I suspect the fiat money printers will need to come back online soon.
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27 sats \ 0 replies \ @NorthKoreanHostage 4 Jan 2023
It is single handedly the best attack against Bitcoin after propaganda.
It just also happens to be the best attack against every other asset too.
Bitcoin will always will.
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25 sats \ 0 replies \ @NorthKoreanHostage 4 Jan 2023
It's going to be the best time to buy Bitcoin soon.
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25 sats \ 0 replies \ @iguano 4 Jan 2023
or as ethereans says, ultrasound money!
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6 sats \ 0 replies \ @cryptocoin 4 Jan 2023
There was also an earlier post, found here on SN, with the source article:
Money-Supply Growth Turns Negative for First Time in 28 Years | Ryan McMaken
#116894
https://mises.org/wire/money-supply-growth-turns-negative-first-time-28-years
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