Inflation knocking on the door. Central banks try to save economies with printing money stimulus and quantitative easing. Big piles of money waiting to flood our economies and lives and great decrease of purchasing power 💰 is on the horizon.

By the Keynesian economics a little of inflation is healthy for the economy because it drives consumption of produced goods. Production of goods grow and this is meant to be good for economy and society.

But does growth and consumption is good for the balance on the earth?

As climate changes tells us growing economies drives us to the destruction of our environment and there is no planet B for backup.

In inflationary economy our savings are slowly eaten away and long-term preservation of wealth become tricky and complicated business. No scool teaching you how to preserve fruits of your labor. Maybe this is intentional so the govts and banksters can have power over you.

Whit birth of Bitcoin as independent, decentralized, open, neutral, borderless, censorship resistant money, the first time world get a chance to flip things around a bit. Encoded monetary policy of Bitcoin decrease inflation geometrically every 4 years and in 120 there will be no increase in money supply. There will be 21 millions of Bitcoin created and this is it.

This highly predictable monetary policy can sprout out deflationary type of economy, where saving (hoarding) is promoted.

People will buy only goods and services they actually need. Over consumption will become illogical. Why should I hoard things I not need immediately because I can buy them cheaper later. Producers of goods and services have to stay competitive at lower and lower prices but expenses of the production also become cheaper.

Everything just should flip in our heads. But society with deflationary economy will be much better  for us and environment too.