Inflation is already compound negative interest to cash that you own.https://twitter.com/NickSzabo4/status/1155580113678811136 …
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Replying to @Coinabe1
True that. It just becomes a lot more blatant when the interest rates are nominally as well as really negative.
3 replies 0 retweets 23 likes -
Replying to @NickSzabo4
why are they pushing so hard for this, if they could have just increase inflation? it's not in their interest to make people angry.
1 reply 0 retweets 0 likes
Replying to @gluckq2
I'm not sure, but central bankers seem to believe they can't create more inflation in the major currencies, that the international markets are too sophisticated and will penalize financial companies and economies using that currency more than it's worth.
9:09 AM - 30 Jul 2019
0 replies
0 retweets
2 likes
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