Post
Topic
Board Economics
Merits 1 from 1 user
Re: High prices not a problem if you got MONEY
by
mk4
on 17/08/2022, 04:19:22 UTC
⭐ Merited by Don Pedro Dinero (1)
You can't just willy nilly print stablecoins when you want and you're going to have money to spend for whatever. Stablecoin issuers(the legitimate ones, not the algos) actually have to control the supply reflexively to keep the peg at $1.

Seriously, it doesn't seem that you even understand the concept of supply and demand.