#inflation is the cause of money creation.
Money is created by creating debt. (Any loan or debt someone can take out is basically new money)
When new money is created (debt), more amount of money competes with the same amount of products, therefore, one product will cost more. (Inflation)
This means the value of new money is subtracted from the money already in circulation, because the total market value (sum of all products) do not change, but more money will compete to buy them.
In this sense, when you print money, you create a tax on those, who holds from that money and you give yourself free money without work.
In such a system money can be earned by hard work, or by printing, therefore it creates an unfair situation which motivates you to get from the free money because it is easier then to work hard.
TheZenLlama
npub1nhzl...4wd0
On the path to find the meaning of my life, my best self, and enjoy the path
#asknostr #testing
I am looking for 5 people to test my zapvertizing client.
I would give you some sats, that you have to zap to plebs with my client.
Who would be interested?
#inflation is when someone can create himself as much money as he wants by taking away money from everyone in a way that noone knows about it.
If debt is bringing future income earlier.
What is when debt is made to repay debt?
How do you vibe now? 🦙
Mine:

Spotify
How You Like Me Now
The Heavy · The House That Dirt Built · Song · 2009
Mean take: The person who can be misled deserves to be misled.
🦙👨💻 Llama Dev Update
#ZapVert is in it's next phase. Things in next release:
1️⃣ Note filter: Search for note authors to zap by keyword (More search options to come)
2️⃣ Fast UI: Faster search and more responsive UI
3️⃣ LNURL Support
4️⃣ Zap Fail Prevention: Less zaps to fail due to wallet precheck.
5️⃣ Fair fee payment: only successful zaps are counted towards fee payment.
6️⃣ Cost reduction: Ability to filter out already zapped wallets not to pay/spam twice.
(Not yet refreshed) Website:
ZapVert.thunderpay.link
#asknostr
Which #zapvertizing app you use?
What makes life worthwhile?
What makes the perfect marketing?