118. The Islamic Case for Bitcoin
The Bitcoin Standard Podcast
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Is Inflation Not Necessary?
The ideal currency would one that just maintains its purchasing power over time, in which case you would have to increase it supply in tandem with the increasin goods. When a deflation happens and people don't spend as much, you're essentially a lowering the returns on investment that investments that are possible. Because there's no if there's no demand for for there is demand. There's always infinite demand. People teyknow, there's no shortage of people who want ferraries out there. Andnoto tat the tat is exactly opposite.
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