Guy Swann
· 126w
The simplest way to understand natural deflation is that everything keeps getting more affordable.
That’s it.
Instead of everything getting more expensive, it all gets more affordable with time. ...
I don't there is ever money that is only deflationary. Money is a tool. By default, the total sum of money is always inflationary. If people run out of scarce money, they would find a new kind of money. That's how we always got some other kinds of money besides gold. With bitcoin, it'll be the same. There will be other kinds of money.