The economic incentives of staking in Serenity

[jpitts]

And to sum up my thinking:

@jpitts

One additional consequence that may be considered as very significant is the effect of ether supply and expectations about ether supply on capital formation.

Through the lens of Mankiw’s 2nd principle , it can be understood that an economy with a less inflationary currency reduces the opportunity cost of holding that currency. The same applies to the rates of bonds. This opportunity cost of capital can help us understand how seemingly abstract factors such as inflation and bond rates relate to investment in business expansion and, by extension, the entire rate of growth of an economy.

Are we allocating enough thinking toward macro-econ basics as we balance staking incentives with security considerations?