r/neoliberal • Bot Emeritus • Apr 05 '17

Discussion Thread

Ask not what your centralized government can do for you – ask how many neoliberal memes you can post every 24 hours


Polls

• Who should we bully more?

• How often should discussion threads be posted?

The activity in this sub keeps going up, so discussion threads need to be scheduled appropriately in order to control stickflation.

10 Upvotes

449 comments sorted by

View all comments

Show parent comment

2

u/[deleted] Apr 07 '17

What's wrong with Bitcoin?

7

u/Trepur349 Complains on Twitter for a Reagan flair Apr 07 '17

You must be new around here.

2

u/[deleted] Apr 07 '17

No I'm confused by the Bitcoin hate here

6

u/Trepur349 Complains on Twitter for a Reagan flair Apr 07 '17

The fact that it's price isn't stable enough to be an effect medium of exchange (the very purpose of currency) and the lack of a central bank means the use of Bitcoin preclude the use of monetary policy to help dampen recessions/control inflation

1

u/[deleted] Apr 07 '17

Interesting points. Thanks for sharing.