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Inflation (Sith) vs Disinflation (Jedi)

“Inflation is theft.”

Jeff Booth, author The Price of Tomorrow

The inflationary Sith Dark Side force: Government prints more money, leading to inflation, so prices of goods and services don’t fall.

The disinflationary Jedi Light Side force: Technological advancements increase productivity, which lowers the cost of goods and services.

ChatGPT:

Disinflation / productivity-driven deflation, is generally considered beneficial because it reflects increased efficiency and lower production costs rather than a decrease in demand.

Productivity-driven deflation vs harmful deflation:

It’s important to distinguish productivity-driven deflation from harmful deflation caused by a decrease in demand. The former is a result of positive changes in the economy, while the latter can lead to economic stagnation and unemployment.

Disinflation is generally viewed positively as it reflects improvements in the efficiency of production and can lead to increased economic growth and consumer benefits.

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Bitcoin Resources

The Bitcoin Standard

by Saifedean Ammous

Bitcoin Whitepaper

by Satoshi Nakamoto

Not Your Keys, Not Your Coins

by Andreas M. Antonopoulos

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