pull down to refresh
24 sats \ 0 replies \ @Rothbardian_fanatic OP 24 May \ parent \ on: Deflation: Who’s Afraid of Falling Prices? econ
BTC and precious metals will be the only shelter in the storm of fiat collapsing in the near future. It would be nice, for us, anyway, if there were some deflation to also take out the Federal Reserve Bank and some of the larger New York banks. I am not sure that some deflation would take out the federal government, though. Yes, drive it to default on its loans, but I don’t think it would be put out of its misery. I guess deflation is not a coup de gras for the state, darn it!