Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AEON 2nd gen cryptonote, anon, mobile-friendly, scalable, pruning
by
pa
on 04/11/2015, 02:40:32 UTC
But I think an small exponential percentage is not bad either. At 1% inflation, at most (assuming no burn/loss) 50% of the share of wealth of a holder who does nothing else to add value to the economy is redistributed over 70 years (sort of a lifetime, though this might be longer in the future). Even in that case the amount of wealth may still increase if the value of the total money supply grows >1%/year. I have no problem with that.

I like this idea of a 1% perpetual inflation. Money is memory. Inflation is forgetting and creates headroom for value creation.