Lemma
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Lemma, a short statement you believe to be true
- No names, respond to the idea not the person
- Stay on topic, the lemma stays in the center
- Rate other lemmas, highest rise to the top
- Tags, follow what you care about
#crypto
#inflation
Opinion
Irrelevant
2yr
Your average person doesn’t even realise the effect the increase of money supply has or even that it’s going on
#crypto
#inflation
Opinion
Irrelevant
2yr
Most people’s wealth is tied up in their house rather than cash so they’re not hugely concerned about the purchasing power of their savings
#crypto
#inflation
Opinion
Irrelevant
2yr
The wealthy can protect themselves from inflation as they can take out low interest debt and invest in high return assets (eg stocks, property, collectibles), your average person doesn’t have the capital, access or credit to do that
#crypto
#inflation
Opinion
Irrelevant
2yr
In many countries the money supply has increased significantly recently, in the US 20% of all money was created in 2020 (US dollar stock increased from $15 trillion to $18 trillion)
#crypto
#inflation
Opinion
Irrelevant
2yr
The fact the Crypto supply can't be increased makes it attractive to people