2min chapter

The Café Bitcoin Podcast cover image

Swan Private Macro Friday with Steven Lubka, John Haar, TXMC and Joe Carlasare + AI4ALL Hackathon with Kody Low and Fedi - July 28th, 2023

The Café Bitcoin Podcast

CHAPTER

The Importance of Innovation in Governments

There are two types of deflation. There is debt deflation and monetary deflation. And there is another type of what gets confusingly referred to as inflation, which means prices are just coming down because of inventions, technology, efficiency gains. That's actually very good for governments. Governments want that to happen because they take a share of resources.

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