The Concept Most Economists Get Wrong

Full interview - https://youtu.be/0qIjXKP4ROU

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In this episode of Chatter, Professor Steve Keen and Host Josh Hamilton dissect the root causes of inflation, the impact of a fixed money supply, and historical lessons on economic growth. They delve into the consequences of hyperinflation and deflation, and explore the implications of Bitcoin's hard money flaw.
- The dangers of excluding interest payments in economic theory
- Historical implications of hyperinflation and deflation on events like the rise of Hitler
- Skepticism about achieving economic growth with a fixed money supply
- The influence of inflation on spending and economic growth
- The impact of a hard money supply, ruling out debt, and the validity of Bitcoin's model
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Видео The Concept Most Economists Get Wrong канала The Jist