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@ Laser 🌞⚡️
2025-03-09 16:45:24
What Trump is actually doing:
1. Driving down the cost of energy by massively increasing local supply/cutting red tape, thus offsetting inflation and cooling prices.
2. Going to war with government spending, thus reducing inflation directly. Also making lending more affordable by driving bonds up (pending) and the dollar down (pending).
3. Installing #Bitcoin, which hopefully will force 'saving before spending' on a long enough time horizon.
Applying 'inflation' and 'deflation' to every level of the economy is confusing for normies. I think that's the main reason nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzdmhxw309akx7cmpd35x7um58g6rsd3eqy28wumn8ghj7ct9va5hxtn4w3ux7tn0dejsgxtdrz's thesis is not accessible to them.
Tofay, technology makes things abundant and cheaper, which offsets inflation, making goods and services somehow still in reach for most despite how poor everyone's been made (by money printing).
On a #Bitcoin Standard, folks get richer in terms of goods and services (the only definition that makes sense) over time.
There would no longer be any inflation (technically some slow deflation), just supply and demand, to which technology would instillthe real and reasonable expectation of continued generational abundance.