Rabbit Hole Recap #231: There's a run on the bitcoin banks!
Rabbit Hole Recap
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Why Would You Lender Money Below the Rate of Inflation?
The scenario you're describing isn't a fall of the dollar, it's a default on the debt. The way you put dollars back in is you lower rates and incentivize lending creation of new dollars. But inflation be running hot in that situation. So like it would just like, there's going to be a place. What's going to happen? Parker and I talk about this. Well, why would you lend money below the rate of inflation? I don't know. You have a negative real return. We've already had real negative rates in other parts of the world. My point is, I think the situation is fucked where they're, where they're printing money, but then
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