
Ep. 280 The Theory and History Needed to Refute Keynesianism and MMT
Bob Murphy Show
00:00
The Importance of Bitcoin in a Global Economy
There's only 21 million bitcoins to go around on planet earth it can be the case that all the households increase their holdings of bitcoin. If real GDP still increases five percent actually I think real GDP would increase more because all the governments are cutting spending and resources flow into the private sector. Bob Murphy: When people just casually talk about how oh yeah the government spending is causing all this price inflation at gala uncomfortable. He says a change in government policy like that could explain a one-shot transition.
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