0 sats \ 0 replies \ @TheWildHustle 15 Oct \ on: China's Deflationary Spiral: A Threat to Global Fiat Currency Systems? econ
I find it so fascinating, how the debt based monetary systems fights to stop deflation.
  1. Deflation is what happens naturally in free markets. But to fiat, deflation is synonymous to doom.
  2. Regular consumers want deflation in goods and services. They want a deflationary doom spiral.
  3. We are taught by the state for 12 years and the money is never mentioned. They go on TV and set the price of money.
Bitcoin should suck the monetary premium stored in sucky money surrogates, like ghost housing and zombie companies.
The current fiat system is working as hard as it can to sustain its vampiric relationship with the slaves by conjuring illusions cast against rocks deep within Plato's cave....
With that being said. I'm an economics noob.
Any corrections to the above are more than welcome.
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