Hearn: The resolution of the Bitcoin experiment
Hearn: The resolution of the Bitcoin experiment
Posted Jan 18, 2016 18:59 UTC (Mon) by clump (subscriber, #27801)In reply to: Hearn: The resolution of the Bitcoin experiment by accumulator
Parent article: Hearn: The resolution of the Bitcoin experiment
Please read. I didn't say boom-bust cycles started when the gold standard was let go.You're telling others to read?
Besides, ever since banking went to fractional reserve banking the amount of money in circulation was getting less restricted, and after we left the gold-standard even more so. It was then that the boom-bust cycles appeared, with devastating effects.If you're trolling, mission accomplished.