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npub1m4n...c2jl
12 days ago
•••
Eating alone in #Munich.
https://i.nostr.build/o3grwQVD031Y3u9p.jpg
https://i.nostr.build/SCv95I8qP7emUwrB.jpg
dd664d5e...d319 replied
12 days ago
1
npub1m4n...c2jl
12 days ago
•••
Deflation is a monetary phenomenon.
If the money supply is static or shrinking (which is the case), then prices can only rise
overall
by increasing monetary velocity. Usually by getting people to spend their savings.
dd664d5e...d319 replied
12 days ago
1
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