120 sats \ 1 reply \ @F 31 Jul 2022 \ on: Best resources for understanding the Austrian vs Keynesian perspectives? bitcoin
Read The Bitcoin Standard, and then The Fiat Standard.
I don't think all problems in the world go away magically with Bitcoin. I do think if the world lived on a sound money standard, it would incentivize quality innovations by lowering one's time preference.
Just look at how the world worked under the gold standard to get a better idea of how bitcoin would look, and how things have changed since the current system was put in place.
Yeah, feel like I really gotta get a good understand of how the Great Depression came about, too. Conflicting answers there, seems like it’s a case of Keynesians and Austrians pointing the finger at each other lol.
Read the bitcoin standard, honestly felt like Saifedean was a bit ideological for my taste, but I will admit all of this was pretty new to me at the time and it might be worth another read, and yeah definitely gonna have to check out the fiat standard as well. Thanks for the input!
reply