{"type":"rich","version":"1.0","title":"ancaprevolt wrote","author_name":"ancaprevolt (npub1ch…hkdvm)","author_url":"https://yabu.me/npub1chshx7vd455a62uqv2urzzt54mg2wt3kghu7trfp9x7x40g4mzlszhkdvm","provider_name":"njump","provider_url":"https://yabu.me","html":"I’ve always thought deflation was a good thing, but I was talking to the AI and it brought up deflationary spirals. \n\nBasically people are less likely to spend as prices fall over time. So low demand -\u003e low profit -\u003e layoffs -\u003e less discretionary income-\u003e low demand -\u003e repeat\n\nSo maybe like a 1.5% inflation rate like Monero would be good. It would also keep transaction fees low as mining becomes less profitable. "}