Tag: inflation
-
Bitcoin, Crypto, Principles
We all have heard about crypto, bitcoin. Digital currency supported by nothing, only by math and trust. But why is it suddenly so popular? Why so many even conservative people go there, investigate, learn? Many different reasons. but all of them reasonable. It is all good about crypto but mostly all bad about current currency.…
-
Bitcoin
We are probably bankrupt. In 1971 Nixon took money off of the gold standard so we could print more money. The reason he did it was to pay for the Vietnam war. Dollar lost purchasing power. The more they print, the more it gets dilluted. With Bitcoin you just can’t do that. Businesses collapse, families…
-
Confusing Inflation
You hear inflation this and inflation that. All the time. I get it, I understand, but it would be nicer and more honest to explain value of money in inflation on examples that are easy to imagine. Inflation is when prices for the same item or service increase over a period of time. Or it…