pull down to refresh

42 sats \ 1 reply \ @0xbitcoiner OP 1 Oct \ parent \ on: Who’s afraid of the Big Bad Wolf? econ
Inflation is really just another form of default, sort of.
Huh, good take. Never really saw it like that, kinda feels like a slow, quiet default!
write
preview
33 sats \ 0 replies \ @Undisciplined 1 Oct
Yeah, but that's only true if the if the bond holders weren't expecting it.
It's probably more accurate to say that inflation above expectation is a form of default.
reply