When someone makes claims like "deflationary currencies will push us back into feudalism" with no other support than "it is widely studied", I immediately begin to question this person's judgement.
Currency has little to no relationship with feudalism. And if they are using feudalism as a shorthand for inequality, we are already there with an inflationary currency.
Currency has little to no relationship with feudalism. And if they are using feudalism as a shorthand for inequality, we are already there with an inflationary currency.