Classical Economics in a Quantum World
Inflation and deflation are a basic component of economics. Yet, the Federal Reserve, which has monopoly control of the value of the dollar, admits that they “aren’t sure they understand how inflation works anymore.” That a currency must be stable…
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The Fed unleashed a coming market inflection with the onset of normalization. In our global fiat system, as long as the dollar remains the world’s reserve currency, the Fed forces global central banks to adopt its policy. A Fed balance…
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Cryptocurrency’s value comes from its fixed supply, deflationary design combined with the promise of digital, decentralized transactions recorded on a permanent blockchain ledger. But its flawed monetary design, that is the underlying reason for its value, makes it unsuitably volatile…
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