Because supply *alone* is not what defines the value of money. This is the concr... | Hacker News

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		arcticbull on Feb 3, 2022 \| parent \| context \| favorite \| on: Wormhole confirms all $320M in funds have been res... Because supply alone is not what defines the value of money. This is the concrete example of why Austrian economics is a wholly insufficient model.

MadSudaca on Feb 3, 2022 [–]

I think the Austrian school explains quite well the phenomenon, like Newton’s Laws for dynamics.

arcticbull on Feb 4, 2022 | [–]

Now do Japan.

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