#monetary policy
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Washington Just Turned the Dollar Into a Weapon
Washington can isolate a country from the dollar system. Iran just showed what that looks like. Central banks have been buying gold anyway. Watch why cash is the asset that is guaranteed to shrink. Your dollars still spend. They just buy less every year.... - Serpardum...
So Bitcoin did everything it set out to do. No one government owns Bitcoin. No one person. No organization. It is a shared money pool and as such is more stable than any government.
Win-win. - onPhoto below - remember this? Ask your mom or dad about it, if you were still a kid 20 years ago.by
assets are only worth something as long as people believe they are worth something. banks provide a presumably vital service to allow people to get paid and consume. that probably isn't true about bitcoin, or gold coins, or even stock brokerages.... Raise your hand if you think the Fed should start raising interest rates again.
Photo above - The Federal Reserve Board of governors doesn't HAVE to release the minutes of their past meetings, but occasionally they do so anyway. The good news: Inflation last month dropped to 2.4%, from a high of 11% at the end of the Biden presidency.... - Philip...
I really appreciate your reply Blake, as well as the question you offered. I think I lean most towards the second option you shared. I don’t think that if governments abandoned inflationary monetary policies, productivity would necessarily take a hit.... - onBitcoin is now synthetically created, through options, derivatives, & ETF. Does that mean it’s endless, just like all the US dollars?by
the expansion of US dollar supply (fiat), bitcoin, US treasuries, and corporate debt obligations is a form of inflation. but i'm not advocating deflation....