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Mining as Money Printing | Mark Thornton | Compass Podcast

The Mining Pod | Blockspace Media

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The BoomBu Cycle Is Not a Bad Thing

The boombus cycle benefits a few people who get in early and get out early enough. The negative downsides of the boonbu cycle are tremendous, he says. Even our friends in main stream economics think that the boombu cycle is a bad thing,. He argues we could do away with most of it just by a sound monetary system and a market based interest rate in the economy.

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