What Would a Bitcoin Deflationary Global Economy Look Like – Miyagi Mornings Epi-143

This post was originally published on this siteWhat Would a Bitcoin Deflationary Global Economy Look Like – Miyagi Mornings Epi-143 - Jack Spirko If you like these videos you will likely love my podcast and all my other stuff you can find at http://tspc.co This was a fantastic question that came in by email for […]

Written By Grand Theft World

On July 28, 2021
"

Read more

This post was originally published on this site

What Would a Bitcoin Deflationary Global Economy Look Like – Miyagi Mornings Epi-143 - Jack Spirko

If you like these videos you will likely love my podcast and all my other stuff you can find at http://tspc.co

This was a fantastic question that came in by email for my podcast but I thought it would be exceptional for a Miyagi Mornings. Here it is exactly as it came in from a long time listener named Dan.

"How would a deflationary economy work?

If our entire economy was based on a currency with a fixed supply like bitcoin,

1. What’s the velocity of money look like?
2. How is money lent particularly for large long-term lending. Houses, New Factories, etc.
3. How is economic growth effected/measured.
4. Wouldn’t % economic growth roughly translate to % appreciation of the currency?

I’d like to hear your take on it.

Thanks for what you do!

Dan in TN"

I love this question and will do my best to answer it in the 20 minute Miyagi Morning’s time allotment. What makes it beautiful is what also makes it difficult to fully explain in 20 minutes though. Dan is clearly a long time student of what we teach about money, hence he is focused on concepts like capped currency, velocity of money, etc. If any of what I say today is challenging I recommend listening to these three podcasts to really gain the background Dan is drawing from in his questions today.

Really Understanding Money – http://www.thesurvivalpodcast.com/really-understanding-money
A New Understanding of Money Part One – http://www.thesurvivalpodcast.com/tsprw-002
A New Understanding of Money Part Two – http://www.thesurvivalpodcast.com/tsprw-003

Those three podcasts have been lauded by listeners with economic degrees who have said things like, "I just learned more in this one podcast than I ever did in a full year of economics courses in college".

Flag Featured in this video is here – https://amzn.to/36wGHXK
Microphone I use – https://amzn.to/3AXdS4C

Original Publish Date:

Find out more from this author:


The Latest Updates


Follow Grand Theft World

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Shares
Share This
Global Strategic Trends Summary 2040

Who's Planning Your Family's Future?
You'd Be Surprised.

Get the Facts. Think for Yourself.
Choose your Family's Future.

x