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Bitcoin Cash: $ USD
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Austrians, like myself, have always understood that eventually Inside Money fails because it is ultimately nothing more than a Ponzi Scheme built on top of Outside Money -- money that exists outside the financial system, like commodities and bitcoin
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It's called "demand destruction" and will be catastrophic.
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It has finally been released. Bob Murphy and Jordan Peterson. If I recall, it was scheduled to be released about a month ago.
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Austrian school economists have long demonstrated that monopolies only tend to form as a result of government intervention, and "natural monopolies" have virtually never actually existed.
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The ECB's "war on cash" has been raging for years.
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... to What Is Coming!
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On July 6, 2020 I posted my extended view and analysis why the 3rd quarter US GDP would falter–and lead to a W-shape recovery, as it typical of all Great Recessions.
