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I'm going to assume you've read a bit about crypto currencies, and are now confident in their superiority to fiat currencies. I recommend spending some time le
by the_gastropod 9y ago
I'm going to assume you've read a bit about crypto currencies, and are now confident in their superiority to fiat currencies. I recommend spending some time learning about basic macroeconomics before drawing too many conclusions about the government "literally making money out of thin air". You can get the kindle version of Keynes' General Theory of Employment, Interest, and Money for $1 [0] or pick it up from your local library for free!
[0] https://www.amazon.com/General-Theory-Employment-Interest-Illustrated-ebook/dp/B018055I7Q/ https://www.amazon.com/General-Theory-Employment-Interest-Il...
- etr-strike 9y agoInflation is responsible for the wage slavery we find ourselves in today. Those peddling inflation and control of the money supply as a necessary component of modern economics are peddling snake oil. Price discovery is hard enough without an invisible handle manipulating the units you’re trying to measure value in.
- deleted 9y ago[deleted]