Bitcoin and the Evils of Money Printing
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In this video, I discuss how money printing is used to steal from a population and use that stolen economic energy to expand the power of the state and its control over the economy, banking, science, and education.
Most economists hate the idea of a fixed money supply. That's ultimately because most economists work for central banks, think tanks, or universities that are (directly or indirectly) funded by the central banker money printers.
So they become apologists for large government and central banker intervention in the economy. Keynesian economics is one of the main founding myths that is used to justify money printing and large government intervention in economies.
So it's really not surprising that if you study economics in government-funded universities (which includes both private and public universities, given the way that student loans and research grants work), you will study a version of economics that exists solely to provide the intellectual justification for stealing wealth from people and using it to expand the government.
Fortunately, Bitcoin fixes this-- with its capped money supply.
Not investment advice! Consult a financial advisor.
Salty No-Coiner Hates Bitcoin:
https://www.youtube.com/watch?v=cY7XwiUygyM&ab_channel=BitcoinUniversity
The Bitcoin Fallacy:
https://manonthemargin.com/the-bitcoin-fallacy/
Fiat money is a melting ice cube:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
Bitcoin issuance schedule:
https://blog.lopp.net/content/images/2022/01/bitcoin-inflation-chart-1.png
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#fiat
#gold
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky. Receive SMS online on sms24.me
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