About this episode
The episode explores the deflation myth and how hard money can fuel real economic growth, questioning the implications for Bitcoin's future.
"The fiat economist universally chooses to set the printing press to brrrrrrrrrr. While the enlightened elite watch their stock portfolios moon and their debts disappear, the common man is told to be thankful that he was 'this close' to the horror of living in a world where his wages bought more every year, and his government respected his private property. Imagine how hard it would be for that government to raise debt in such a world. It would have to justify its spending. We cannot have that." ~ Allen Farrington & Sacha Meyers What if falling prices aren't the economy stifling nightmare that fiat economists claim, but instead is actually the only natural spending incentive of a real economy fundamentally? Dive into Part 1 of Number Go Down, Allen Farrington and Sacha Meyers' latest essay, where we dismantle the deflation myth, explore how hard money fuels real growth, and question why Bitcoin's promise hinges on surviving extreme stress. Could this be the key to a more stable, productive world? Check out the original article: Number Go Down by Allen Farrington and Sacha Meyers (Link: https://x.com/allenf32/status/2045477517201477686) References from the episode Give a listen to…
People in this episode
Host: Guy Swann
Topics covered
- deflation myth
- hard money
- real growth
- Bitcoin
- economic incentives
- fiat economy
Keywords
- deflation
- Bitcoin
- economic growth
- fiat currency
- Allen Farrington
- Sacha Meyers
- Number Go Down
- hard money
- spending incentives
Mentioned in this episode
Books & works: Number Go Down, Bitcoin is Venice
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