NEW: Harvard economist Kenneth Rogoff
tries to make excuses on why he was so horribly wrong about Bitcoin.
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Ngl his 3 point makes sense. Obviously some high profile politicians stacked before giving the green light
Agreed. However we had the opportunity to stack even before they did.
“It’s all the regulators fault!”
What a faggot
No need to read his book about how crypto is for bad people and stuff. The real brains at Harvard have been hovering up IBIT.
He is correct actually. Main use of Bitcoin is inflation tax evasion.
Main use of Bitcoin is tax evasion.
Inflation tax evasion.
NEW: Harvard economist Kenneth Rogoff
tries to make excuses on why he was so horribly wrong about Bitcoin.
View quoted note →
he keeps being wrong btw
Be patient with him: he’s already taken the first important step - admitting he was wrong. Now he’s digging into why, and what this Bitcoin thing is all about, realizing he formed an opinion about it too hastily. There are many different paths that lead down the rabbit hole - I know from experience.
We are witnessing the death of Keynesian economics. RIP.
Rogoff wasn't particularly Keynesian. In fact, his approach was anti-Keynesian during the crisis after 2008
Critical Macro Finance
What if Reinhart and Rogoff had adopted a more Keynesian perspective?
In two very influential papers, Reinhart and Rogoff (2010) and Reinhart et al. (2012) investigated the relationship between public debt and economi...
"What did I miss?"
When the powers that be kick you out of the Cantillionaire club, there is no alternative.
apnews.com/article/harvard-antisemitism-federal-grants-trump-3c8e4d2d3fa0c5083d98250078f95d00
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He's talking about Monero without knowing it. Bitcoin is just an extension of TradFi these days.
Wait till Monero wakes up and destroys their house of cards.
100%. And these are the types at "elite" institutions..
NEW: Harvard economist Kenneth Rogoff
tries to make excuses on why he was so horribly wrong about Bitcoin.
View quoted note →