27. The Underlying Technology Behind Fiat Standard
The Bitcoin Standard Podcast
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Why We Didn't Get Hyperinflation Happen All the Time
We only had something like 200 of these were spent in hyperinflation. And I think the reason for that is that credit money is not just a printer. It's not paper money. Money is generated when loans are issued. So this is kind of why we can understand why we don't see that much hyperin inflation. What we see is the cycle of inflation deflation and reflation.
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