does anyone bull posting about eth understand the cantillon effect? or how it might impact these finger in the air ideas?
matthew sigel, recovering CFA
matthew sigel, recovering CFA9.8. klo 05.10
Good time to recirculate our $22k/ETH price target by 2030
from @gmaxwell Imagine a currency that was perpetually inflationary by having everyone's holdings equally increase by 10% every year.  Other than some logistic impacts with pricing and contract terms and some psychological effect, this would be a complete economic no-op: no one would be richer or poorer because of it.  The "inflation" isn't what matters economically, what matters economically is how the inflation is distributed.
1,46K