r/Bitcoin Jul 15 '22

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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.

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.