
Issue #1097: What if it is the money printing that is bad for the environment?
We truly live in an absolute clown world.
We truly live in an absolute clown world.
Some men and women of academia and mainstream economics are so entrenched in their ways and have so much sunk social cost in their worldview that they simply refuse to even entertain the idea that Bitcoin may, in fact, work.
The irony of learning that "inflation is subdued around 2% due to active monetary policy and the actions of the Fed" while sitting in a classroom that's price has increased 500% in 30-years just hit me so hard that I honestly feel like I'm taking crazy pills.
Though I wouldn't expect anything less coming from Washington, it is a town of talk, peacocking, pandering, and inauthenticity. It doesn't surprise me that they invited a bombastic idiot to speak with them about Bitcoin and cryptocurrencies.