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by trod1234
348 days ago
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I think its not very convincing because a lot of the same crowd that reads these blogs has a more nuance perspective on the issues. Many make it about socialism or capitalism, as if that's the great issue, and indirectly it may be. There are enough blog posts just like this such that you have market saturation, and it doesn't really provide anything new. Many of the people I know have a different take about what causes it that takes a less divisive path. Boom bust cycles. Some simple questions like, what causes boom bust cycles? Why do essentially the same graphs show up in places like the S-adoption curve, and business growth curve, and ponzi's. I think that's a more important take because it goes to the incentives driving a structure forward. You can do something about money-printing, you can't really do anything about people who can't change their beliefs regardless of the reality (on either side). |
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