4 ms·
Agreed. The jury isn't out on Austrian v/s Keynesian economics. We've not had the former play out organically in recent history without Govt. intervention trans
by silentsea90 4y ago
Agreed. The jury isn't out on Austrian v/s Keynesian economics. We've not had the former play out organically in recent history without Govt. intervention transforming it into the latter. I remain hopeful that there is change enough that technology imposes hard rules (fixed supply, fixed issuance, only taxation no printing etc.). Rules that nations earlier used to comply with (~approximately) with the gold peg but no longer do.