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Ep. 519 Artificial Intelligence and the Future of the Economy w/ Dr. Ben Goertzel

CRYPTO 101

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How Hard Will Central Banks Work to Make an Inflationary Economy?

The idea that basically none of monetary theory works in reality, right? I mean, like in crypto, yeah, people are always saying, well, if the supply of this token is increased, then the value per token will go down. But it's never worked that way, right? Like if you statistically look at the history of real world economies or crypto world economies, there's basically no evidence that in real practice increasing money supply causes inflation., he says.

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