Magoo PhD
· 4w
Bitcoin is not an accountability mechanism on deficit spending. It actually helps governments increase deficit spending.
Bitcoin is a Liquidity sponge that soaks up all the excess liquidity looking ...
Inflation is the increase in money supply. Which trickles down to increased prices. The CPI, while manipulated, measures, as the name implies, prices. Consumer Price Index. Using the word inflation interchangeably with the word price is wrong and confuses people. They are two different things.