Printing money to get out of a recession is the correct move. HBD Yield should be reduced slowly during bull market to create economic elasticity.
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Printing money to get out of a recession is the correct move. HBD Yield should be reduced slowly during bull market to create economic elasticity.
Depends upon what the circulating supply in relation to the economic activity that is tied to it. The Hive economy is nowhere near the point where it can have recessions or booms.
We dont even have a biz cycle yet.
I'll have to defer to your knowledge but I think the concept might still apply to Hive and HBD yields even at this small scale. Certainly we should be testing our theories and looking at how our manipulations have an effect on the macro side of things.
We have to keep in mind the separation between markets and the economy.
Yes. Well put edicted.
Yes, this makes sense