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Arguments that a deflationary currency is better?

Bitcoin Reddit

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Curious on your thoughts of this essay written by Benjamin Franklin, https://founders.archives.gov/documents/Franklin/01-01-02-0041. It outlines some of the issues they dealt with in the colonies when currency was scarce. There are many people in this sub that believe once we are on a deflationary monetary system everything will be better in terms of a redistribution of wealth and decreasing wealth inequality. This essay could be used as support that wouldn’t be the case. Curious to hear your thoughts.

submitted by /u/SurfSnowInvest
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