Yes, I understand the extreme anti-fiat view. I've heard it from radical goldbugs & Austrians for decades. It's not supported by even mainstream Austrians or fringe-but-reputable economists. Or evidence. It's moral outrage masquerading as empirical claims. https://twitter.com/paul_btc/status/1012769551002619904 …
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Sorry "Currency Justice Warriors", but some of us have been sorting through fringe economic theories for 20 years. We don't take right-wing bluster any better than left-wing bluster. We use models and examine facts. We know outrage is the sign of an emotionally-driven position.
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CPI is bullshit. Inflation is a sneaky way to steal. That doesn't mean it is infinitely bad, or unmeasurable, or hurts all good people, or doesn't have benefits or anything other than...it distorts the economy a bit and steals a bit of value. Finis.
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