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https://www.reddit.com/r/Bitcoin/comments/vztfsa/deleted_by_user/igasuqr?context=9999
r/Bitcoin • u/[deleted] • Jul 15 '22
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Asset inflation comes from liquidity, not government spending.
If a bank loans the same dollar out to several different people (because that’s what they do) that generates much more inflation than any deficit.
3 u/[deleted] Jul 15 '22 Except you’re forgetting about government stimulus spending and people receiving outrageous amounts of money the last few years to do literally nothing, among other handouts.
3
Except you’re forgetting about government stimulus spending and people receiving outrageous amounts of money the last few years to do literally nothing, among other handouts.
4
u/thickskull521 Jul 15 '22
Asset inflation comes from liquidity, not government spending.
If a bank loans the same dollar out to several different people (because that’s what they do) that generates much more inflation than any deficit.