Saifedean does not address me but as I understand he argues that a sound money would inspire "low time preference" aka savings. He goes on to suggest this a better result than the Keynesian high time preference money which inspires consumption this flies in the face of Smith
-
এই থ্রেডটি দেখান
-
And pretty much any economic school of thought. To think that there is something to be achieve by having market participants covet saving over participation in the markets is asinine. I don't believe he is a professor of economics from any reputable school
৩ replies ১ টি পুনঃটুইট ১টি পছন্দএই থ্রেডটি দেখান -
@SoakerPatoshi-কে উত্তর দিচ্ছেন
are the two mutually exclusive? Depending on individuals end at a given time, one could covet saving during some point in time and participate in markets during others (persuing another end)?
১ reply ০ টি পুনঃটুইট ০টি পছন্দ -
@haseebinc-কে উত্তর দিচ্ছেন
I think we would most rather that the most organic transactions happen as possible. Times in which people hoard are not conducive to production I think. What he has said so convoluted I can't believe he's not getting called out for it.
১ reply ০ টি পুনঃটুইট ১টি পছন্দ -
@SoakerPatoshi-কে উত্তর দিচ্ছেন
Yes and perhaps the most organic transactions are likely to happen when individuals sovereignty to do so is the high (& I think there's a relationship between having a low-time preference & increased sovereignty)
২ replies ০ টি পুনঃটুইট ০টি পছন্দ -
@haseebinc-কে উত্তর দিচ্ছেন
Increasing our sovereignty from what? Our own government that we created for ourselves? That is absurd. communist/marxist etc.
১ reply ০ টি পুনঃটুইট ০টি পছন্দ
I don't think government necessarily I mean soverieign more as independent from many things like even to make your choices freely Ex. to encrypt messages (pass secrets) very easily Not a Marxist lol plus it's the direct opposite of soverieignty from the government
লোড হতে বেশ কিছুক্ষণ সময় নিচ্ছে।
টুইটার তার ক্ষমতার বাইরে চলে গেছে বা কোনো সাময়িক সমস্যার সম্মুখীন হয়েছে আবার চেষ্টা করুন বা আরও তথ্যের জন্য টুইটারের স্থিতি দেখুন।