
NUMBER GO DOWN: Deflation, Bitcoin, and Communist Lies | Allen Farrington
By Walker America
Aired May 11, 2026 · 1h 31m · Last boosted May 17, 2026
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Allen Farrington returns to THE Bitcoin Podcast to discuss his latest essay “Number Go Down,” the myths surrounding deflation, why fiat economics gets causation backwards, and how inflationary monetary systems distort society itself. Walker and Allen explore the “paradox of thrift,” why central banking is fundamentally incompatible with free markets, and how fiat money fuels wealth inequality while convincing people capitalism is to blame. They also dive into socialism, Bitcoin as a savings technology, lowering time preference, and the future of Bitcoin scaling technologies like Lightning and ARK. The conversation also covers Bitcoin Is Venice, the upco...
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The cycle of capitalism bad therefore more socialism good is unbreakable till even the middle classes benefitting from socialist style economics are hurting as much as the rest of us are already hurting. Till then the media and the comfortably off will continue to sympathise with the growing numbers suffering from "capitalism" and pimp more govt interference as the solution.
