Just listened to Richard Duncan defend creditism and the increase of the deficit. I’m confused. I feel like this is what it’s like to be an economist looking at Bitcoin.
Interesting term, Fiscal Dominance. I had listened to Hidden Forces podcast with guest Charles Calomiris, who also used this term and went through historical influence of politics of the times which shaped economics and policy. He went back to 19th century and carried through to today.
Has to be a way to get rhe message across a better way. I agree with the message and things are getting more expensive but we should note that the US is still pretty well off. The people in the videos are filming from their phones, in their cars or apartments, look pretty well fed and dressed but complaining about how they can’t do or buy as much as they used to.
Inflation is real. Fix the money, fix the world.
Odell, Want to be the first person to ever reply to anything I’ve posted or replied to?
My next post “is this thing on?”
I literally don’t know anyone in this space who knows me… and I’ve never had a blue check because I haven’t used any other social media in over 7 years.
Oddbean new post about login | logout
Notes by Impatient Perfectionist | export