Post
Topic
Board Bitcoin Discussion
Re: David Friedman and Bitcoin
by
hazek
on 25/01/2013, 00:01:08 UTC
Fractional reserve banking. Fiat money. Central banking.

All key causes of the business cycle and its latest iteration. None result of "unregulated" markets, but rather of regulations designed to give banks special privilege.

Read about regulatory capture please...

Precisely. Unfortunately 21after2 is focusing on the symptoms instead of the actual problems hence his false diagnosis.