Stephen Diehl on Web3, Bitcoin & Neometalism
Life Itself Podcast
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Inflationary Currency
Since 19 70, the dollar has been a pure fiat system. The federal reserve tries to get inflation to be about two%. Which means it value kind of slowly goes down over time. This is considered generally a good thing in a lot of mansti economics. Because when you have an infulationary currency, intensivizes people not to hoard it.
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