Read_777 - The Inevitable Bust
Bitcoin Audible20 Nov 2023

Read_777 - The Inevitable Bust

"The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective"

~ Michael Matulef


The bust will not be escaped. We cannot print our way out of it, we cannot cover it up with more artificial interest rate controls. We have drunken ourselves into an economic and financial stuper for far too long, we have avoided the hangover with another massive bender decade after decade - so long that we've lost sight entirely of the purpose of investment, the culture of sustainable capital, and the very reason for frugality and sustainable savings. The crash will hurt, but its the *solution*, not the problem.

Find out why in today's excellent article by first time author on Bitcoin Audible, Michael Matulef: The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction | Mises Wire. (Link: https://tinyurl.com/3zsw982z)


Guest Links

Books Mentioned

Host Links


Check out our awesome sponsors!

  • Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  • Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/fold⁠)
  • Check out the KYC Free, simple, no management, Bitcoin merchant solution - ⁠⁠⁠⁠⁠Nodeless.io⁠⁠⁠⁠⁠⁠. Use my link to go to nodeless.io/guy⁠⁠⁠⁠⁠ and setup your donation page for free, then share it out on nostr/Twitter and tag me, and I'll throw 10,000 sats your way!


...

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1374)

Chat_169 - Bitcoin Proving its Case with Walker America

Chat_169 - Bitcoin Proving its Case with Walker America

"Bitcoin is being embraced by the U.S. and the U.S. financial system and it is it being embraced by Iran and the Iranian regime at the exact same time and both of them know that they can use it withou...

2 Jun 1h 6min

Read_946 - When the Experimenter Fails the Marshmallow Test

Read_946 - When the Experimenter Fails the Marshmallow Test

"Generation X and the millennials both tried to do everything right, according to what the boomers told them was the path forward: save money, study hard, get a ‘job’. At every stage we got rugpulled....

31 Mai 44min

Read_945 - Milei's Austrian Scam by the Numbers

Read_945 - Milei's Austrian Scam by the Numbers

"The peso scam is around a thousand times larger than the Libra scam, and its victims are the poorest, about 95% of Argentines." ~ Saifedean Ammous Javier Milei swore he'd burn down Argentina's centra...

27 Mai 55min

Chat_168 - Hashing for Heat with Tyler Stevens

Chat_168 - Hashing for Heat with Tyler Stevens

"Our little home controller, building controller, it knows our electric rate, it knows the way that electric rate changes based on the time of day. It knows the PV flux, the solar flux from the solar ...

21 Mai 1h 54min

Chat_167 - Why Your Keys Matter with Seed

Chat_167 - Why Your Keys Matter with Seed

"If you think of River or Gemini or Coinbase or whatever, think of all of those as silos and how people custody Bitcoin. If some sort of compromise were to come into the Bitcoin ecosystem at the priva...

14 Mai 2h 14min

Guy's Take_107 - Free Rent for the Rich

Guy's Take_107 - Free Rent for the Rich

"It's often discussed that arbitrarily lowering interest rates and the zero interest rate policy era leads to massive recklessness and unethical and irresponsible behavior. But there's something even ...

13 Mai 41min

Read_944 - Proof of Work in the Real Economy

Read_944 - Proof of Work in the Real Economy

"If your money isn't sound, it is not reflecting any proof of work. It is not reflecting anything about who should be able to consume, or how much there is available to consume. It's just being corrup...

10 Mai 35min

Read_943 - The Fabric of Desires

Read_943 - The Fabric of Desires

"It is not markets that made money possible. It is collectibles, which we now call money, that make markets possible." ~ Nick Szabo What if everything we've been told about how money emerged is backwa...

8 Mai 25min

Populært innen Teknologi

lydartikler-fra-aftenposten
romkapsel
teknisk-sett
elektropodden
energi-og-klima
nasjonal-sikkerhetsmyndighet-nsm
tomprat-med-gunnar-tjomlid
shifter
fornybaren
hans-petter-og-co
rss-ki-praten
teknologi-og-mennesker
rss-for-alarmen-gar
i-loopen
rss-alt-som-gar-pa-strom
rss-heis
rss-ai-forklart
rss-digitaliseringspadden
rss-bouvet-bobler
rss-startup