𝐓𝐗𝐌𝐂
𝐓𝐗𝐌𝐂|Mar 30, 2025 17:18
Just seeing this tweet. It... doesn't make sense. Far from being a Keynesian, my gut reaction was that these are word games. There are forever and always pockets of a circulating money that are held rather than spent, and various events unlock them. If Bitcoin is the money and "increase price" is the proposed solution to freeing up coin, what you're in effect saying is that we need to impose deflation on the economy priced in that money in the hopes someone spends more savings. That's what "increase price of the money" means. But that view sorta glosses over, you know, every negative consequence of deflation on an economy. Such as reduced investment, inability to forecast revenues, business failures, unemployment, etc. Genuinely don't think people get it.
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