halalmoney on Nostr: *Governments and central banks are, in a deep sense, inflation merchants. They must ...

*Governments and central banks are, in a deep sense, inflation merchants. They must sell the currency to fund the state, and the currency is only worth holding if it depreciates slowly enough to retain confidence, yet fast enough to service the debt loads states have accumulated across decades of deficit spending.The bigger threat is to the solvency of the fiat system itself.*

quoting
nevent1q…2h94

naddr1qq…u3ua