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30 sats \ 6 replies \ @Undisciplined 14h \ on: Inflation by Design: How Keynesian Dogma Undermines Capitalism econ
It's very encouraging to see the Mises folks including bitcoin. Perhaps @denlillaapan is rubbing off on them (phrasing!).
As to maintaining a banking empire through inflation, I'm not so sure. Many banks have failed by inflating to much and falling to the resulting run on their assets. Obviously, inflation is part of the strategy, but it seems like political protections are also necessary and it's less clear why a select few have gotten those.
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31 sats \ 4 replies \ @SimpleStacker 12h
I always knew @denlillaapan rubbed off on mises.org
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21 sats \ 0 replies \ @denlillaapan 7h
True. I'm not proud of it but it's true
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20 sats \ 1 reply \ @Undisciplined 12h
It's good work if you can get it.
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0 sats \ 0 replies \ @Rothbardian_fanatic OP 12h
Gotta be a bankster of the highest degree!
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0 sats \ 0 replies \ @Rothbardian_fanatic OP 12h
Perhaps vice versa.
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21 sats \ 0 replies \ @Rothbardian_fanatic OP 13h
They got them because they paid for the protections of the state. They paid in several ways; jobs through the revolving door, donations and outright bribes. They got what they paid for in most cases. It is a nice monopoly!
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