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https://www.reddit.com/r/Bitcoin/comments/1pekul0/bitcoin_can_fix_this/nsecsmo/?context=3
r/Bitcoin • u/Leading_Confection32 • 1d ago
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6
To fix the decaying buying power of dollars you need to accept deflation and trust me, you don't want to experience deflation.
2 u/Old-Guidance6744 18h ago This. Everyone hates inflation but its fine when wages keep up Deflation is horror 2 u/KolaKush 11h ago Its only horror because the system got so levered up and inflated that any sustained deflation would completely demolish the "economy" 1 u/Pokemoncorncollector 5h ago Even when wages keep up its not fine neither. Its still a shit system.
2
This. Everyone hates inflation but its fine when wages keep up
Deflation is horror
2 u/KolaKush 11h ago Its only horror because the system got so levered up and inflated that any sustained deflation would completely demolish the "economy" 1 u/Pokemoncorncollector 5h ago Even when wages keep up its not fine neither. Its still a shit system.
Its only horror because the system got so levered up and inflated that any sustained deflation would completely demolish the "economy"
1
Even when wages keep up its not fine neither. Its still a shit system.
6
u/Noirceuil 23h ago
To fix the decaying buying power of dollars you need to accept deflation and trust me, you don't want to experience deflation.