A deflationary currency is going to cause chaos and collapse, like it did during the Great Depression. I’m surprised someone that works in finance fails to understand that.

Replies (1)

techfeudalist 's avatar
techfeudalist 2 years ago
The current inflationary system is based on debt. The future deflationary system won’t be. No debt… no chaos. Think about it. Businesses funded through equity. Employees paid through profit sharing. Prices for everything decreasing over time as technology makes everything more efficient.