quotingyou *need* to hear Voskuil correct Mises and Smith about State Money and why price inflation happens (spoiler: it's not because of money printing)
nevent1q…00su
it's an extremely convincing argument that explains WHY gold has NOT been price inflationary, but state money IS.
"supply" does not equal "quantity" and the Cantillion effect is poorly understood 🤯
pod is over 8 hrs long but at least listen to the first 85 minutes or so.
https://www.youtube.com/watch?v=1mLey8XsMBg&t=1261
#bitcoin #monero
Hanshan on Nostr: bro ...
bro
