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RE: Hive's RC system is deflationary.

Check Japan over the last 25 years to see how their deflation is serving them.

People seem to believe that deflation is good, inflation is bad. This is something that is so grossly distorted by the theoretical economists who do not operate in the real world.

Deflationary economies have even less tools than those that are inflating. The EU is likely to learn this lesson over the next decade. They are at the bring of a deflationary spell that is going to be very painful.

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The problem is that being in a country that has experienced only inflation isn't good either so I understand why the "deflation is good" narrative is pushed especially here.

I guess there needs to be a balance between both for an economy to function properly.