We could write thousands of pages of discussion about this, but I try not to spend my time like this, sorry. I was already a bit pissed at myself for making that last post so long.
You are of another opinion, and that's cool. Your last link was interesting, hadn't seen that one before.
True, no worries. Thanks for the good discussion.
Im just going past halfway of the book. So far, another good read. I was probably more gripped by currency wars as much of the content was new to me back then.
But anyway, I really liked the few pages discussing negative rates. The true bastardry comes in the harmless sounding terms 'QE' and Op Twist and all these other easy to digest soundbite names; at heart they are deliberate policies designed to sipher your money via inflation.
This is actually quite sickening. While destroying savers and the wealth of the regular joe was previously done by bank laws on deposit rates, it now just does it a little more subtly.
And therein lies a damn good reason to be in bitcoin.
Where is the QE-caused inflation, or really inflation at all? If you don't believe official stats then use MIT Billion Price Index, or something else. Unless you try to come up with somewhat technical excuses, it's just not there. Please provide data.