Bwah hah hah!
Yeah, Krugman again:
I guess this is an interesting point, if true — but you go to monetary policy with the economy you have, not the economy you wish you had.
(link)
Fools swear they wise, wise men know they foolish
Yeah, Krugman again:
2 Comments:
This Bitcoin thing is a good opportunity to explain money to people.
My dad used to suggest on gold mining: "We should just have an international agreement that this particular mountain has this much gold, estimated by geologists, and trade the paper."
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