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RE: Attention Keynesian Meddlers - SBD Floor ("Non-Peg") Is Working As Designed

in #sbd • 7 years ago

I never had much use for Keynesian economics, and here's a nice illustration why.

Independently of this, it would be nice if SBD were fairly stable, at least if we every have ambitions of having an actual economic marketplace inside the Steemit ecosystem.

7 years ago in #sbd by
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     7 years ago  

    "at least if we every have ambitions of having an actual economic marketplace inside the Steemit ecosystem."

    There appears to be next to no demand for this currently.

    By the time there is, SBD will have over-printed itself (and isn't that useful except for $1 of Steem), and should be cheap again.

    Nobody laments upside risk, only downside.

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