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    Token Economics Entry #0863

    Why a buyback funded by new tokens changes nothing

    Minting tokens to buy tokens back is a loop that creates the appearance of demand while leaving net supply unchanged or worse.

    Novice
    The hidden part #0863

    A buyback funded by minting is a dog chasing its own tail. The demand is real; the money is not. Net supply stays flat while the headline does the heavy lifting.

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