Oddbean

Today's money is based on debt and as debt grows money must also grow to make the debt redeemable. Few understand this, this translates into all finite assets going up, your money in the bank does not go up, but more significantly Bitcoin is the finite asset that goes up the most. I have given you the trick to pass you the game.

Debt, with the help of compound interest, is the only asset class that grows without any regard to entropy. All assets depreciate, and require external energy as inputs to reverse entropy. Not debt. Debt grows infinitely with mathematical precision over time. With the help of state violence, it is the perfect scam to enslave populations. Fredrick Soddy talked about this in his books on thermoeconomics back 100 years ago. He predicted everything would be swallowed up by debt as it has been today.

http://habitat.aq.upm.es/boletin/n37/afsod.en.html This is what I read to get a good understanding. I think he has a longer book that dives much deeper called “Wealth, Virtual Wealth, and Debt”

Yeah this context is hard to get for many. I knew inflation and debt but to really understand the connection I needed to know how money works, what it is. @Saylor explained it to me in a very good way in his famous Tucker C. Interview 2021.