j2labs
Joined 15 years ago
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Musician | Hacker | http://j2labs.io
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I don't call it exercise because it's all a lot of fun
Krugman was a proponent of mass inflation, aka. helicopters of money, as a solution to the credit crisis. Bitcoin makes it basically impossible to manipulate the money supply the way the Fed has done to navigate the 2008 crisis.
Krugman sees Bitcoin as a threat to the central banks ability to stabilize the economy.