a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  4085 days ago  ·  link  ·    ·  parent  ·  post: Why I want Bitcoin to die in a fire

    (although you can't have both deflation and inflation simultaneously—you get one disease or the other)

Obviously our friend hasn't heard of the 1970's and stagflation ... which is just that.





user-inactivated  ·  4085 days ago  ·  link  ·  

simultaneous inflation and deflation is impossible by definition. they denote halves of a spectrum, and you can only be on one side of zero at a time.

stagflation was mostly just a buzzword but technically it's inflation during a recession.