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RE: 3Speak's STEEM Burn Initiative! #NewSteem
Instead of everybody getting interest from nowhere (inflation), and everybody being encouraged to burn their money (deflation)....
Let's just get rid of the inflation. That's fiat bullshit anyway, we don't want inflation.
Inflation spurs forward activity. Killing it would be a bad move.
So says the Federal Reserve, yeah. I think they're corrupt liars, though.