Hacker News Reader

Useful how? Linking a real-time deflation chart doesn't exactly scream "useful".

Freedom from monetary debasement. An attempt for the first time in human history to have a global currency not follow the "money printing, debasement, start a war to try and fix it/civilization collapse" cycle.

https://fred.stlouisfed.org/series/BOGMBASE

https://en.wikipedia.org/wiki/Debasement

There's no such thing as monetary debasement for bank notes as there is no intrinsic value for the physical dollar.

If you're saying that inflation in general is bad for the economy, I would encourage you to read this: https://www.britannica.com/money/inflation-vs-deflation

Reply on news.ycombinator.com