APR of 100% can last
100% yearly ROI can and has and will continue to happen with Bitcoin.
It's obviously a very possible outcome for DEFI if done correctly.
There are many reasons why it hasn't been done correctly, which I have also explained in detail.
The Great Depression example makes no sense. You are blaming Gold for that?
It makes perfect sense in terms of velocity of money and Gresham's law. Kinda seems like you just skim over what I write, see something you don't like, rage blackout, and then post a comment about it.
You think it's a coincidence that the gold standard ended during the middle of the Great Depression?
Because it's totally not.
If the gold standard was so great, shouldn't that have fucked everything up a hundred times worse than it was before? Can you show evidence that the economy got worse in 1933? No, you can't, because it didn't.