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I wouldn't peg Denninger as a libertarian. He supports the federal reserve and is fine with fiat currency. I would consider him more a monetarist than libertari

by jstalin 14y ago

I wouldn't peg Denninger as a libertarian. He supports the federal reserve and is fine with fiat currency. I would consider him more a monetarist than libertarian/Austrian (in fact, he specifically disavows the Austrian view of money). He's a blowhard that thinks he literally knows everything. I stopped following him when I challenged his understanding of the history of fiat currency and he promptly banned me from his forums. He does not tolerate anyone questioning him. EDIT: As a side note, it's kinda funny to watch how touchy he is about the Tea Party concept. He gets angry and claims that he first came up with the idea. He resents Santelli for being the one to popularize the movement on CNBC. Denninger doesn't seem to get the idea that people have been using the tea party term to fight political waste since the original tea party itself. Yet he persists and occasionally (when I still followed him) fires off blog posts essentially saying "but I was first!!"

tptacek 14y ago
Why did you start following him to begin with? I'm asking because I'm genuinely interested, not because I'm going to try to make a point.
- jstalin 14y ago
  Because seemed to have good insight, initially, into the 2008 crash. Remember, it was a time of panic and official stories. He seemed to understand the underlying issues. He did have some grasp on it, but after I began to understand things a bit better, he started to just come off as a one note tune that was out of tune.
  - tptacek 14y ago
    Did you ever wonder if maybe he wasn't just regurgitating Calculated Risk? I jumped to the beginning of Denninger's blog archives (April 2007) to find him breathlessly explaining Alt-A mortgages --- a beat Calculated Risk and Tanta had been covering extensively before April 2007.
    - jstalin 14y ago
      I didn't make the connection, but I might have subconsciously, since I still do follow Calculated Risk :)
deleted 14y ago
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by jstalin 14y ago

tptacek 14y ago

Why did you start following him to begin with? I'm asking because I'm genuinely interested, not because I'm going to try to make a point.

jstalin 14y ago
Because seemed to have good insight, initially, into the 2008 crash. Remember, it was a time of panic and official stories. He seemed to understand the underlying issues. He did have some grasp on it, but after I began to understand things a bit better, he started to just come off as a one note tune that was out of tune.
- tptacek 14y ago
  Did you ever wonder if maybe he wasn't just regurgitating Calculated Risk? I jumped to the beginning of Denninger's blog archives (April 2007) to find him breathlessly explaining Alt-A mortgages --- a beat Calculated Risk and Tanta had been covering extensively before April 2007.
  - jstalin 14y ago
    I didn't make the connection, but I might have subconsciously, since I still do follow Calculated Risk :)

deleted 14y ago

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