
Jeff Booth: A Masterclass on Price of Tomorrow, Inflation, Deflation & Bitcoin
Coin Stories
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Asset Inflation vs. Wage Deflation: A Deep Dive
This chapter explores the intricate relationship between asset inflation and wage deflation, illustrating how nominal wage increases fail to match the rising costs of assets, ultimately reducing purchasing power. It examines the Cantillon effect's impact on economic dynamics and highlights the contrasting perspectives within the Bitcoin community regarding government involvement. The discussion emphasizes the necessity for strategic action in adopting Bitcoin as a means to enhance economic stability and purchasing power amidst ongoing monetary challenges.
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