imo Gilder is obviously right in that money cannot have a speculative value as it is the measurement of value and needs to exist in of itself.
and it is a FACT the ever expanding money supply encourages spending.
But we are getting keynisian here
Post by twetch#116
Holding is great. You should hold. A money that encourages holding doesn’t discourage all spending. It just doesn’t encourage conspicuous consumption. That’s a good thing.
What the chain says
- Block
- 623 384
- Time
- 2020-02-24T00:55:09Z
- Signer
- 1HsARx3TiY2iYHWoyu4XF88fZq9rih32gH
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#116
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1HsARx3TiY2iYHWoyu4XF88fZq9rih32gH Verified