@ClarkHat The idea of general inflation / deflation is a concept designed for the convenience of a central monetary authority. ...
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Replying to @Outsideness
@ClarkHat .. It's the classic "seeing like a state" optic. What's happening when 'tech deflation' is being statistically dissolved into CPI?3 replies 0 retweets 1 like -
Replying to @Outsideness
@ClarkHat ... Concretely, the industrial surplus is being re-packaged for redistribution by the state. ...1 reply 0 retweets 0 likes -
Replying to @Outsideness
@ClarkHat ... The importance of hard money isn't that it's deflationary -- that's a predictable, but subordinate consequence. ...3 replies 0 retweets 1 like -
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Replying to @ClarkHat
@ClarkHat@asherjj74@Outsideness Is there a quick and easy way to explain this to non-economyfags? Interest = inflation, surplus = deficit2 replies 0 retweets 0 likes -
Replying to @AntiEgalitarian
@AntiEgalitarian@ClarkHat@asherjj74@Outsideness no interest = expected inflation + risk + risk free rate of return1 reply 0 retweets 0 likes -
Replying to @libfr33
@libfr33@ClarkHat@asherjj74@Outsideness Right, risk is a big part of the gambling economy. How can anyone codify the Casino Cathedral?1 reply 0 retweets 0 likes -
Replying to @AntiEgalitarian
@AntiEgalitarian@ClarkHat@asherjj74@Outsideness risk is a big part of life. No escaping it1 reply 0 retweets 0 likes
@libfr33 @AntiEgalitarian @ClarkHat @asherjj74 Inflationary macro isn't 'risk' -- it's milking.
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