Comments by "" (@foxmoongaze) on "Inflation: The Real Cause" video.

@edwardpreston2098 In the current economic climate the best strategy is to try not to lose wealth rather than look for profit. Bonds/Gilts and precious metals might be the best place over the next year, maybe property but that could be a bit shaky at the moment.
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@edwardpreston2098 depends what you mean by "grow". If you mean real growth of the economy then it would have a greater value and room for more currency without devaluing currency.
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My immediate thought in 2008 about QE was government theft, and that people who had been encouraged by Gordon Brown to work hard to save and build a pension had been betrayed. The hubris of Gordon Brown and Tony Blair was huge and flawed, and we will all be paying for that duos decisions for the rest of our lives.
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Not the same thing. Supply issues cause price rises due to competition to buy a fewer number of goods. Inflation is the creation of more currency (literally inflating the money supply) which devalues the currency because you are making more slices from the same pie - so you need more of the now lower valued currency to buy anything.
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There is no such thing as digital gold. The fixed number of bitcoins is a software switch that can be turned off allowing limitless coins
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@lukekittdesign It's not something you need to think of, it's a reality, and, not something that would increase your holdings only devalue them - that should have be obvious.
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@lukekittdesign I think you were less ironic and more facetious actually, and why do you assume I am a "good sir"! Bitcoin is only finite by agreement, not by absolutes, and, it can be duplicated. Having a finite amount of money, or currency, means a lack of economic expansion. This is why the world left the gold standard. As an alternative to existing currencies Bitcoin is woeful: A maximum of 6-7 transactions a second. Each transaction uses more energy than an average household does in a month. Consumes more energy than Argentina to run it's ledger/algorithm. You can't spend it anywhere. Most coins are already owned by a handful of rich individuals. Maybe Bitcoin2, or Bitcoin3, will do better........
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