I suppose it's true.

After spending a fairly equal proportion of my life in both 'capitalist' and 'communist' countries, I came to the conclusion that greed is just endemic to life.  But like the by-gone days of barter (and when 'capatlist' and 'communist' countries both had price haggling in markets and with street vendors) there was real price discovery.


Don't you just love the logic these fiat clowns use? Its greed! I mean, on the one hand I agree. But greed always exists. That doesn't explain inflation. The central banks create this situation. Business owners are always greedy. So are consumers. I don't want to pay any more than I have to for goods. That's just a different type of greed. But obviously these people that say these things know its not true. But it does sound good to the ignorant masses.

kepford

bitcoin

Britons ‘need to accept’ they’re poorer, says Bank of England economist

You are right. Was worth the read. Some gems in there.

"0.25 percentage points to 4.5%", "greedflation", "central-banking circles" ..