Post
Topic
Board Economics
Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat
by
twiifm
on 05/04/2014, 04:22:41 UTC
Quote
What is the optimum system?

*Decentralized political economy and mix of individualized artisan quality production and automation to replace consumerism and authoritarian top down control of collectivized production.



Decentralized political economy --- Is this like feudalism?

Individualized artisan production --  Pre Industrial production?

I was thinking more in line of stimulus.  Like QE, but direct to private enterprise for the purpose of entrepreneurship or job creation.  Entrepreneurs capitalized from the Feds money without banks in the middle.  Fed owns equity in the business.  Then ring fence speculative trading or only allow cash based speculation without derivatives.  Let the hedge funds gamble but not on leveraged instruments.  If they go bust it doesn't drag down the rest of the system

Maybe Job Guarantee?  Govt as employer of last resort.  

I don't know.  Its a tough thing to ponder