“It is axiomatic that printing money (or creating digital dollars) does nothing to generate economic activity; it only shifts the balance of powers as to who allocates the money and prices risk. It strips power from the people and centralizes it to the government.” – Parker Lewis
If you were worried that the previous installment of the Gradually, Then Suddenly Series was its conclusion, then you will not want to miss today’s read. Parker is back with another bomb to drop on the unavoidable reality of our times. It is a simple and irrefutable common sense, that money which one individual must fight and labor to obtain voluntarily, and which is simultaneously created at zero cost by any other institution or person, grants no advantage to the former.
Bitcoin is 21 million, and the realization that a scarce money is a better money for every individual, and more fair for society, will be self-actualizing. It requires nothing more than the persistence of the human desire for self-preservation. A huge thanks to Parker Lewis and Unchained Capital for this piece.
The original, with links and charts demonstrating his argument, plus the entire incredible series is available at the link below:
Mentioned in the commentary:
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