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@ Logen
2025-02-15 09:02:53
Deflation of the dollar is merely seasonal. Don’t dismiss that the entire system is based on debt, when they create dollar deflation; the government debt becomes more expensive to maintain day by day. With dollar deflation the hurdle rate for investments also goes down, yes, you don’t need them to perform as well against inflationary environment; but it’s it’s a double edged sword.. deflation creates the NEED for higher and higher interest rates in borrowing leading to an inevitable snap back to the inflationary mean.
But in my world 1 BTC will always equal 1 BTC. And the people building in that world, don’t need their debt.