Ep. 2063 Bitcoin Fixes This
The Tom Woods Show
00:00
Bitcoin Is a Rebuke to the Mainstream Economics Profession
The entire economics profession believes that you need a slowly, but nevertheless, steadily increasing money supply. To say that that ino reeks havoc on our models is the least we can say about it. bitcoin stands there as a rebuke to all these people who say, we can't live without a central authority pumping out ever more money. They're thinking about it all wrong. And i've done episodes on so called deflation, which is not a bad thing. All the reasons that it's supposed to be a bad thing can be refuted and exploded.
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