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What mainstream candidate in the last two elections had a deflationary monetary policy? ROn Paul was the last candidate with something relatively close to that.
by yurielt 6y ago
What mainstream candidate in the last two elections had a deflationary monetary policy?
ROn Paul was the last candidate with something relatively close to that.
That being said the idea that I want a deflationary policy on cash is ridiculous, but I want a deflationary policy on my semiliquid investments. BItcoin does that.
>It would have been just as easy to make bitcoin highly inflationary.
Yeah but then nobody would have liked it.
There is definitively nothing wrong with two different kinds of cash existing in a system, one purely liquid one semiliquid. Again please do not be dishonest. There are very specific reasons that make bitcoing attractive. Acting as if electronic banking deals with what bitcoin is intended to solve, is an extremely dishonest way of framing things.