RE: Why would anyone buy a token that can be minted by devs whenever they want to?
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(cough...cough USA....China...literally all of Europe except Russia and maybe Hungary)
Really? Ironic since the Fed doesnt print USD. Bank of Japan doesnt print Yen. BOE doesnt print Pounds. And ECB doesnt print EURO.
So what are you talking about?
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Hi :)
Talking about the m1 and m2 inflating as demand for money in all forms is going up.
By "printing" i'm trying to turn a phrase to mean that instead of creating infrastructure, sustainable jobs, houses, upping construction, etc, the inflation we're seeing across the world is coming without a boost in productivity requisite to make that money worth something in terms of a good investment vehicle for the masses.
ie ie - all these countries that are war-mongering and are lying to their people about every aspect of governance and industry that they're supposed to regulate, have their m1 and m2 supplies based of poofs of fairy dust.
it's all pretty unsustainable unless you factor in an endless, and therefore, abundantly sustainable levels of corruption from every single stakeholder involved in making big decisions. so the merry goes around and around but isn't very merry at all.