hmm, no government in the world supports his thesis I guess. From what I understand of his position: deflational currency is the best type of currency. Any inflation is bad etc. The reason governments create inflation is to keep population poor and control them I guess?
Putting aside the weird trash-talking of status quo economists, in order to evaluate the correctness of his position, I would have to do way too much homework.
His prediction of human behavior under a deflational currency though does raise some flags. He says people will buy stuff regardless. If know I can use the same money to buy two cars next year instead of buying a car this year, I will not buy a car this year. He seems to say I will.
Putting aside the weird trash-talking of status quo economists, in order to evaluate the correctness of his position, I would have to do way too much homework.
His prediction of human behavior under a deflational currency though does raise some flags. He says people will buy stuff regardless. If know I can use the same money to buy two cars next year instead of buying a car this year, I will not buy a car this year. He seems to say I will.