Dec 16, 2020
In this episode I listen and react to Doug French's recent Mises article Central Banks Put Wind at Bitcoin's Back. It's a short but wide ranging discussion touching on the current bitcoin rally, market manipulation, money, and central bank caused inflation. Suffice it to say, this article has a misplaced bias saying bitcoin's rally is "FOMO", "misallocation", and "human error".
Austrians are missing a huge opportunity to champion bitcoin as free market money and become the most influence school of economics. They need to update their inflationist dogma.
More show notes: bitcoinandmarkets.com/e224
Source: https://mises.org/library/central-banks-put-wind-bitcoins-back