Episode #131 - Chris Sullivan and Why Trading Isn't Wealth Creation
Gold Goats 'n Guns Podcast
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Why Inflation Is Better Than Deflation
The idea that mild inflation is better than mild deflation is this nonsense. Mild inflation is only beneficial in so far as you have a monetary units that you no longer want to subdivide. The producers need to continually produce more value relative to the base currency of the month, the base currency unit over timeso that we accumulate wealth as opposed to having to expend it. This is my main reason why I'm an anyway, matter shaped reform, actually a Bitcoin bull. It is because of the infinite fungibility of Bitcoin. Or any digital asset in this respect.
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