2 ms·
> it has certainly brought the discussion of fiat currencies, central banks, and the philosophy of monetary systems from the backwater of forgotten academics to
by kortilla 4y ago
> it has certainly brought the discussion of fiat currencies, central banks, and the philosophy of monetary systems from the backwater of forgotten academics to a real debate in the public sphere
No it didn’t. This topic comes up all of the time in different contexts. Interest rate decisions, dropping the gold standard, switching to the Euro, running a constant deficit, etc all bring up these exact same topics.
It may seem like crypto brought those topics up, but that’s just because you haven’t been around long enough to remember the 2008 financial crisis and the discussion of the bailouts, or more recently the discussions around the debt crisis in Europe with Greece, etc.