0 sats \ 1 reply \ @NorthKoreanHostage 17 Jan 2023 \ parent \ on: End Game: Government vs. Banks bitcoin
No. You don't get it.
Inflation has jack shit to do with productivity.
Productivity is mandated by threat of starvation and poverty.
When everything costs more, those without money have to work MORE.
This means if anything, you have it backwards. This is going to lead to enslavement. Productivity per enslaved person will be maxed out I assure you. Whah-pah!
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0 sats \ 0 replies \ @TomK 17 Jan 2023
You really think that inflation does not have an impact on economic productivity? Please... on the macro level it's so obvious that p. suffers in high inflationary countries. As an entrepreneur of small companies in different sectors I can assure You that inflation is an investment killer.
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