The "Deflation is Bad" Mythwww.profstonge.com/p/the-deflation-is-bad-myth
629 sats \ 5 comments \ @k00b 19 Aug 2023 bitcoin
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120 sats \ 0 replies \ @SimpleStacker 19 Aug 2023
The nomenclature makes the discussion confusing because inflation/deflation are just outcomes, not causes. Either can be good or bad depending on the causes. (Which is the point of the article).
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150 sats \ 2 replies \ @carlosfandango 19 Aug 2023
Well worth following profstonge - very accessible and interesting.
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20 sats \ 1 reply \ @k00b OP 19 Aug 2023
Accessible is a great way to describe him! He’s also super consistent with his writing schedule which is always nice.
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100 sats \ 0 replies \ @carlosfandango 19 Aug 2023
He makes some excellent points - I enjoy his writing so should give some time to his podcast I think…
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0 sats \ 0 replies \ @SpaceHodler 20 Aug 2023
One of the biggest barriers people have to replacing paper money with gold or Bitcoin is the idea that inflation is necessary.
I think the biggest barrier is they don't know what it is. They don't think about inflation and they don't know Bitcoin aims to fix it. They just live their lives distracted by CNN, BBC and other entertainment channels pretending to be informing them of "the news" while the governments and central banks screw them head over fist.
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