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#689 Bitcoin Mining Deep Dive w/ Nic Carter

The Pomp Podcast

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Inflation Is Really Really Politically Convenient

I don't think i've ever heard a monetary policy related position, a central banker, a one of some boy from the treasury. So they refused to admit that the quantity of money might affect the price of money. That's every government going through an inflationor episode ever. But you know, i believe that central bankers actually do understand what's going on. And i believe that congress understands as well. It's just right now, inflation is actually politically convenient. Because we have such a high debt load as a country.

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