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Incentives Matter (USD (Bretton Woods, dollar hegemony, central banks,…
Incentives Matter
USD
Bretton Woods
dollar hegemony
central banks
pushing money into system
trying to increase spending
foreign policy
petrodollar
commercial banks
growth of government
exporting inflation
every bank wants to peg
loans and leverage
bureaocracy
everything else acts like money
tilted playing field
consumption everywhere
BTC
fixed monetary policy
adding value
leave people alone
shrinking of governance
no advantage for big stuff
fairness, opportunity
non-consumption
no asset inflation
utility-based pricing
less loans, more bootstrapping
pulling money from system