126 sats \ 0 replies \ @kr OP 26 Feb \ parent \ on: Argentina Cut Spending and Posted a Budget Surplus. Why Can’t America? econ
we know a government can stop, raise, or reduce the supply of the money it controls
i think there are many bitcoiners who don’t believe governments have the capacity to reduce the supply of money for more than a few months at a time.
to me, that’s one way to surprise bitcoiners. if we’re all anticipating hyperinflation and the end of fiat money, sustained austerity may deflate the hopes of bitcoiners and cause us to reconsider bitcoin’s addressable market.
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