Satoshi’s Rebuttal of Modern Monetary Theory


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Satoshi’s Rebuttal of Modern Monetary Theory

Holding fiat means that you are continuously losing value, and in order to “beat” inflation you have to create a diversified investment portfolio. The wealthy can plow their money into equities, real estate, and commodities which bubble up from all the easy money, while those without access to these investments see their purchasing power decline. This is a classic case of the rich getting richer and is attributable to inflationary monetary policies.

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By Jack Purdy


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Satoshi’s Rebuttal of Modern Monetary Theory was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.