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Inflation is not a natural phenomenon but an explicit form of government spending involuntarily funded by malignant price rises for the general population to the detriment of their income and savings.

#Bitcoin

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Stephen Schutt · 56w

It’s also a short term release valve in times when a country needs relief This was most clearly seen in Greece where the central bank printed money to relieve their sovereign debt crisis until they moved to the Euro, when they could no longer do so. Then when 2008 GFC hit, they had fewer options ...