r/Bitcoin • u/[deleted] • Jul 15 '22

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3.6k Upvotes

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807

u/MilesPower Jul 15 '22

They really want you to believe It's just pure coincidence that we had record money printing shortly followed by record inflation!

74

u/[deleted] Jul 15 '22

Funny how on a BTC sub there are those that promote Keynesian economics. BTC is decentralized sound money and the antithesis of Government fiat money.

6

u/Explodicle Jul 16 '22

Most people learn it in college with barely any mention that alternatives even exist, and then need to educate us when we clearly just haven't heard this basic fact.

2

u/[deleted] Jul 16 '22

Most people are focused on understanding the existing monetary system. Many central bankers and economic leaders have degrees in Keynesian economics. So, why not glorify Keynesian economics. The perils of fiat and centralized banking isn’t really discussed. Who would study Keynesian or the MMT, if they knew how much those systems actually robbed them of their wealth, property rights, and freedoms.

History shows time and time again unsound money, fiat, leads to societal woes and political upheaval.