Is there an example of an economic system with monetary inflation and deflation mechanisms being crowd-driven?
-
-
Replying to @davealevine
@davealevine How big is that set? Big enough to be called a crowd? Or an oligarchy with a central banker dictator?1 reply 0 retweets 0 likes -
Replying to @davealevine
@davealevine I'm not sure that's a pure example. They still work within forcing function set by central banker.1 reply 0 retweets 0 likes -
Replying to @davealevine
@vgr dated but highlights the point.pic.twitter.com/snuL18b2ro
1 reply 0 retweets 2 likes -
Replying to @davealevine
@vgr same concept could apply to "valuations" in late stage venture which are really increased multiples of revenues being lent to companies2 replies 0 retweets 0 likes -
Replying to @davealevine
@vgr the preferred equity being issued to companies drives up amounts of money available. More money to buy sweet hoodies and houses.2 replies 0 retweets 0 likes
@davealevine Can I, as an average citizen, do something to create or destroy a dollar? I guess personal savings up to a point.
-
-
Replying to @davealevine
@vgr of course there are interrelations, players crossing between, etc but it's the best multi-player example I can think of.0 replies 0 retweets 0 likes
End of conversation
New conversation
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.