Post
Topic
Board Economics
Re: Blockchain = Powerful Tool for Keynesian Monetary Policy
by
Rudd-O
on 25/11/2012, 21:46:11 UTC
You referred to me having some vague but wicked Keynesian plan. This is baseless speculation. My plans are explicit and public (see wiki). They are not Keynesian plans. Read them. Your speculations are completely unjustifiable. If you don't want to hear 'random remarks' about what my plans are, then do not spread false rumors.
First of all, look at the title of this thread, which you wrote yourself. Second of all, you made several comments in the past where you said that this or that person need to be forced to behave this or that way. You bitch all the time about "libertarians". This type of thinking permeates through your anti-libertarian pro-statist ramblings.

Even though I consider myself an anti-statist, I typically go at great lengths to not formulate my arguments in a way that their validity depends on the hatred of the state.

Many of your arguments, however, fail on this neutrality. Their validity pre-supposes that the activities of the state are economically beneficial or at least ethically permissible. Your very first sentence in this thread is

Recall that the purpose of money printing is to encourage or discourage spending.

This is keynesian pseudoscience, akin to the argument that the purpose of blood letting is to cure disease.

Similarly, your last paragraph in the original post

I am kind of confused why we still operate with dollars. Central bankers should start issuing dollars and euros this way. Or they could just adopt bitcoin. It would make their lives so much simpler.

indicates that you approve of this.

You (Peter) completely destroyed cunicula and his FUD here.  Well done.