@Cribdilla Imagine you issue debt in Kevin dollars in exchange for goods and services.
You can create unlimited Kevin dollars.
Since you can create unlimited Kevin dollars, you cannot default. You can only Zimbabwe your currency.
@RealLiveAxel@leandonuts@AaronSmithRD True. It’s not possible to naturally consume that much.
I’ve tried it. Great pump even with 3grams and it works, but unless a professional athlete there’s no real need and there is potential for taxing kidneys if a little dehydrated.
You are looking at it from a fixed rules standpoint.
Approaching from a human nature standpoint, people will do anything.
Helicoptor money, interest payment suspension, UBI, and a whole range of tools can be applied to deal with lack of credit expansion and add liquidity.
Deflation is not a big long term risk with the exception of it being caused population collapse.
@DogArtFilmCo @rossiadam Good, but almost a moot point. They are in the S&P500 (and many pensions, mutual funds, etc), so pretty hard to avoid.
Also, this is not venture capital or angel investing, which is a different story.
@rossiadam I’m riding the wave brother 🏄♂️ That was a hard drop on bad news, after another hard drop, after a decline. 200 day moving average was close enough, so a good gamble.
Now, the question is when to sell. Don’t plan to hold this. 😂
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5 grams just to make sure
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