By Daniel Lacalle
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
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36 sats \ 0 replies \ @Thereal 19 Oct
"No governments want to use Bitcoin."
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35 sats \ 3 replies \ @TomK 19 Oct
Inflating and monetizing public debt really is their job. We need to educate the people outside our bubble. There is no one doing this job. (Mises Institute et al belong to our bubble IMO)
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47 sats \ 2 replies \ @Undisciplined OP 19 Oct
The issue is that as soon as that education takes root, the newly educated also become part of our bubble.
We might just need our bubble to reach some critical mass.
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29 sats \ 1 reply \ @TomK 19 Oct
That's a good point. Do You think our 'bubble' is growing? If I talk and listen to people (mainly entrepreneurs, media clowns and political patasites in Europe) I would say socialism is on the rise. Very fast
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57 sats \ 0 replies \ @Undisciplined OP 19 Oct
It's an increasingly polarized world, so they can both be growing. I'd say we at least have the high ground and they don't realize it yet.
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0 sats \ 0 replies \ @LowK3y19 19 Oct
And this is how fiat dies
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