In this episode, Allen Farrington breaks down the “deflation is bad” narrative in economics. He explains why the deflation paranoia is wrong and what growth may look like under a bitcoin standard. Allen also thinks about how an index like the S&P 500 may perform under a bitcoin standard and he explains his DLCVM paper on bitcoin scaling in detail.

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TIMESTAMPS:
00:00:00 Intro
00:01:04 Is deflation a "bad" thing?
00:11:04 Is there malintent behind “deflation = bad”?
00:17:10 Deflation worries are wrong
00:23:10 Growth under a bitcoin standard?
00:25:46 Your wealth is melting in BTC
00:28:32 S&P 500 under a bitcoin standard
00:32:52 Company lifecycle under a bitcoin standard
00:37:36 Building decentralized markets on bitcoin
00:42:53 DLCVM - perfectly scaling bitcoin
00:52:14 Are you a technical, political, or economic thinker?
00:54:27 Allen Farrington podcast?
00:56:53 What’s something you believe that most bitcoiners disagree with?
01:01:12 Closing thoughts

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