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" Creating new pieces of paper and digital entries to paper over the deficiency in savings does not magically increase society's physical capital stock; it only devalues the existing money supply and distorts prices. "

Saifedean Ammous , The Bitcoin Standard: The Decentralized Alternative to Central Banking


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Saifedean Ammous quote : Creating new pieces of paper and digital entries to paper over the deficiency in savings does not magically increase society's physical capital stock; it only devalues the existing money supply and distorts prices.