Post
Topic
Board Economics
Re: Bitcoin vs. Cash Inflation — A discussion on which is better
by
o_e_l_e_o
on 21/06/2020, 19:39:22 UTC
Because crashes can't happen forever
Says who? They've been happening regularly for the last 200 years, and they are showing no signs of slowing down. Currently the COVID crash. Before that 2008. Before that 2001. Before that 1990. Before that 1980. Before that 1973. And so on.

Recessions are a normal part of the economy. There can't be positive growth at all times, forever. What isn't normal is our reaction to these recessions - devaluing our currency and pumping trillions of dollars of new money in to the system which will never be removed.