Why Nostr? What is Njump?
2023-04-23 15:24:16
in reply to

⬣ Socrates ⬣ on Nostr: You may not be aware, but the super-rich are the ones who get the majority of newly ...

You may not be aware, but the super-rich are the ones who get the majority of newly printed money first.

Those who receive the newly printed fiat currency first get to spend it before its value can drop.

The market can't raise prices before the money have entered the market.

There is a delay so to say.

And it is the 99% who typically end up with the money as the last part of the chain and feel the debasement.
Author Public Key
npub10276a7csnw0rxrlth68vu3gt5zxghlqtfn292ktah3c0nnux5whq35mwlm