As I had replied to Eliezer, investing in a deflationary world will be tilted towards capital that yields a regular stream of real dividends: actual goods, not money. That is, there will be fewer corporations that will…
I sincerely doubt this will happen, but lets run with the scenario. In a totally deflationary world, more people try to hold bitcoins, I agree. The complementary effect is that the value of real goods, land and labour…
As I had replied to Eliezer, investing in a deflationary world will be tilted towards capital that yields a regular stream of real dividends: actual goods, not money. That is, there will be fewer corporations that will…
I sincerely doubt this will happen, but lets run with the scenario. In a totally deflationary world, more people try to hold bitcoins, I agree. The complementary effect is that the value of real goods, land and labour…