Post
Topic
Board Economics
Re: What will happen after 2041?
by
Tytanowy Janusz
on 19/11/2022, 18:22:39 UTC
Just exploring your opinion here about the discussion I think from mins 17-30 in
https://youtu.be/kYtwxtCPIik

 or speculations as economists about Bitcoin after 2041 in general.

I started at 15 min and stopped at 1 min after when guy said that deflationary currencies are bad because "they encourage hoarding of money and they discourage consumption and not consuming the money that you have is obviously bad for economic activity" which is a lie that was created to justify existance of hidden tax. Inflation is bad (even 2-5%) because it create misalocation of resources and discourage wise investments and wise spending.

Interview is not worth the time. If you want to talk about year 2041. Write in few sentences why is it so special.