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0 sats \ 1 reply \ @SpaceHodler OP 15 Apr \ parent \ on: Trade deficits are fiat + more on whether fiat is theft econ
One of my points was that it produces dollars. So from that perspective it doesn't really consume more than it produces.
However, since those dollars are money, they may be grossly mispriced, and the market may keep them mispriced for a long time.
This is an interesting point. Still like to apply Occam's Razor
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