Hmm, even though 41% think crypto is in a bubble, nobody seems to have good ideas for how to measure bubbliness. In stock bubbles, P/E is a good metric. In debt crises, debt-to-tax-revenue is a good metric. What the heck do you measure here?https://twitter.com/vgr/status/951339822739734528 …
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Why is it necessary for institutions to regulate the money supply?
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Because (a) the amount you make is on average proportional to the amount of money you can invest, so money tends to concentrate in very few hands and the circulation gets stuck, (b) non-synchronized economies require flexible exchange rates.
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