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RE: If the government is printing trillions why is there no hyperinflation?

I truly belief that the Bitcoin-blockchain-cryptocurrency revolution will force a more honest discussion on the state of the world economy. Right now, we have a hub-and-spoke model in terms of collecting economic data. Central Banks are the gateways for economic reporting. Where I really see blockchain technology driving the central bankers crazy is when the reporting nodes distribute their info to a wide variety of economic analysis points. When for-profit or academic data "nodes" can work with the raw data without central bank interception, we'll be at a whole different plane.

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You mean something like people putting food, rent, gasoline, grocery prices on the blockchain (by various sources) in order to create independent indexes? (That's just an example of decentralized reporting I can think of - but you may mean something different?)...

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