"If Bitcoin's supply is expected to be endlessly deflationary, doesn't this ensure a never ending, economy destroying downward spiral?"
Today we conclude with Part 2, Hulsmann's incredible work on the consequences and nature of deflation and what it means for liberty.
Continuing a 3 episode answer to this critically important question we finish Jörg Guido Hülsmann's amazing piece, available thanks to the Mises Institute:
Deflation & Liberty
https://mises.org/library/deflation-and-liberty-1
We will conclude the argument for the liberating powers of deflationary money with a Guy's Take episode breaking it all down. Subscribe and stay tuned so you don't miss it!
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
"Today, there exists over 180 currencies across 195 countries. The reason for such an anomaly is simple: there is no free market for currencies....
Concluding the “Bitcoin” section of Money, Bitcoin & Time. So many fascinating aspects of Bitcoin covered by author Robert Breedlove in this section including:...
"To wit, we have raised the debt limit 22 times from 1997 to 2022. Yep, we’ve raised the limit 22 times in 25 years....