why? asset holders in this country have a free fed put, wage earners get smashed in the face. you can make a solid case this institution is more harmful and free banking is much better for wealth equality.
This is definitely true but btc buys you more of almost anything else too (btc/X): X is one of s&p500, housing, gold, etc. except maybe $nvda or $tsla. For example the btc chart in dollars looks the same as in gold.
"Inflation is caused when the money supply in an economy grows at faster rate than the economy’s ability to produce goods and services."
I would rather have (monetary) deflation when then economy grows. Then the money I save in would increase in purchasing power. If I save in the money described in the quote above, I don't participate in the growth.
This reminded me of an interesting dream I had. I dreamt I created a nice language with a meta protocol. In working with the language and using this protocol I changed the language into a different language which gave me insights on changing that language -- all through meta protocols. I woke up having a distinct feeling of what is means to not be plodding around in a Turing tarpit.
Me too. But if he doesn't answer it he may mean how languages don't have a well designed meta protocol. See the one they built for CLOS in that good book.