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2026-08-20 23:22:02 UTC
in reply to

Hanshan on Nostr: Gold managed to be money for thousands of years despite having supply inflation of 1 ...

Gold managed to be money for thousands of years despite having supply inflation of 1 to 2%.

So your thesis is just wrong.

Absolute scarcity is not only not a necessity for sound money, it is not good monetary policy.