From 08f263b79aab5bbb3a8003cbacfa353d0c026c23 Mon Sep 17 00:00:00 2001 From: Rfurse Date: Sun, 19 Feb 2017 07:14:51 -0500 Subject: [PATCH] Added verb "is" to sentence --- ch10.asciidoc | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/ch10.asciidoc b/ch10.asciidoc index ddaf532e..5c03e3ad 100644 --- a/ch10.asciidoc +++ b/ch10.asciidoc @@ -75,7 +75,7 @@ Bitcoin experts argue that deflation is not bad per se. Rather, deflation is ass The positive aspect of deflation, of course, is that it is the opposite of inflation. Inflation causes a slow but inevitable debasement of currency, resulting in a form of hidden taxation that punishes savers in order to bail-out debtors (including the biggest debtors, governments themselves). Currencies under government control suffer from the moral hazard of easy debt issuance that can later be erased through debasement at the expense of savers. -It remains to be seen whether the deflationary aspect of the currency a problem when it is not driven by rapid economic retraction, or an advantage because the protection from inflation and debasement far outweighs the risks of deflation.(((range="endofrange", startref="ix_ch10-asciidoc3")))(((range="endofrange", startref="ix_ch10-asciidoc2"))) +It remains to be seen whether the deflationary aspect of the currency is a problem when it is not driven by rapid economic retraction, or an advantage because the protection from inflation and debasement far outweighs the risks of deflation.(((range="endofrange", startref="ix_ch10-asciidoc3")))(((range="endofrange", startref="ix_ch10-asciidoc2"))) **** === Decentralized Consensus