Oddbean

I know I’ll start sounding like @walker here, and I know there’s probably stuff we disagree on, but you know what… Both democrats and republicans make decisions that lead to more money printing and inflation! So the argument that it’s only progressives that believe in centralized authority, money printing, government control, etc…totally false! I think what you mean to say is “I don’t like the way progressives use government control and money printing.” Which is fine if that’s your opinion. But republicans also use government control and money printing, maybe you just tolerate it more? Daily I get trolls that say you can’t be progressive and a bitcoiner because of those reasons stated above. You could spin the same argument and say you can’t be a bitcoiner and conservative, whatever. Which of course isn’t true. I’ll say it again — Bitcoin is anti-authoritarian. There are authoritarians in all nooks and crannies of government and political parties.

There’s people on the right that are definitely fond of MMT. It’s not a left phenomenon. We’re just seeing it manifest from the left at the moment. But it has already manifested in the past and it’ll for sure manifest again in the future from the right.

"Progressive" is a subjective label. It means different things to different people. So of course we can't be "progressive" and a "bitcoiner", at least not when the definitions of those terms in the minds of the person making the statement don't seem to jive. It would be really nice to have deep level conversations about what labels mean before we start pushing the narrative that this or that person is the very model of a modern major ... whatever.

I would think and say that money printing with all the consequences of it is a power to control hungry type of human. It doesn’t matter if they’re a Democrat or a Republican. In the end it comes down to incentives. Disclaimer, not an American