The Case Against Bitcoin’s Inflation Narrative

What do Peter Schiff, gold bugs, the monetary media and plenty of bitcoiners have in frequent? It is the shared perception that “money printing” is responsible for a lot of, if not all, of the will increase in worth that plague our financial system. While it can’t be argued that costs are rising in sure areas equivalent to in housing, shares, bonds and lumber (albeit briefly), I consider the supply of these worth will increase comes from a special place than what most people are likely to assume.

Over the previous few months, I’ve been amassing info associated to the subject of inflation and want to use this chance to share my findings with the Bitcoin viewers particularly. We will use this missive to attempt to establish the kinds of issues one would anticipate to see in each inflationary in addition to disinflationary/deflationary environments. We may also attempt to uncover a number of the culprits which can be most answerable for the rise in asset and shopper costs submit–Global Financial Crisis (GFC).

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