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0 sats \ 0 replies \ @usagi 8 Dec 2023 \ parent \ on: What conventional wisdom does Bitcoin break? bitcoin
I remember reading about Apple issuing massive amounts of debt to fund dividends and buybacks when it was sitting on a huge pile of cash and thinking how stupid and irresponsible this was. It went against what I'd been raised to believe – that debt is bad.
That was before I understood the ramifications of the fed "targeting" 2% inflation – the joke's on me.