The limits of fiat money and Bitcoin as an alternative

As inflation still remains strong the FED is expected to increase the price of debt by up to one percent next week.

The way that bankers arbitrarily raise and lower the price of debt is never questioned in the media narrative of supposedly capitalist nations. But this is the last great state monopoly rigged market and it rigs the price of capital itself. For over 30 years central banks steadily lowered the price of debt/capital inflating asset prices and disguising and depriving the efficiencies gained by globalisation and technology. We were told there was no inflation but huge reductions in the cost of many goods and services were stolen from the consumer via debasement.

Now trade is disrupted by pandemic and war - Russia and China are challenging the global order.

Convention dictates high inflation be responded to by increasing the price of money thereby reducing demand and lowering prices. But the high quantity and low quality of debt accumulated threatens to result in mass defaults if the price of debt is raised too high.

Bitcoin avoids this system of deliberate manipulation of the price of debt and capital. Bitcoin restores a free market in capital accumulation and allocation by removing the power from and reliance upon rentseeking bankers.