[pron]

That's not how the economy works (international trade is different from local trade, you're not taking employment into account etc.), but for now let's just say that some think a regulated currency is better and some don't. This has little to do with buying Bitcoin now.

[anoncowherd]

>> That's not how the economy works (international trade is different from local trade, you're not taking employment into account etc.), but for now let's just say that some think a regulated currency is better and some don't

Feel free to tell me why what I described there does not correspond to reality in any meaningful way. If you can't, then maybe you should reconsider your position on "regulated" currencies.

Also, you should investigate http://mises.org - they'll tell you all you need to know about economics. You'll find out that governments are always only a net loss on any economy.

[pron]

I don't know if the reference to mises.org is sarcastic, but pointing to that site to learn about economics is like referring to Glenn Beck's site to learn about President Obama. Obviously, most economists have some ideology, but I think you should try to learn from people are are at least not so fanatic.

[anoncowherd]

>> pointing to that site to learn about economics is like referring to Glenn Beck's site to learn about President Obama

So where do you learn about Obama? -The mainstream media? How's that "change you can believe in" going? -Oh well, I guess stripping away your civil liberties counts as "change", right?

>> Obviously, most economists have some ideology, but I think you should try to learn from people are are at least not so fanatic.

Nah, I'm fine learning from people who are actually talking about how economics works here in the real world. You just keep on keeping on.

[pron]

I see. Did they teach you about the very real Gilded Age? Because that's when the US was doing things their way; it didn't turn out so well for the very real American people back then.

[anoncowherd]

I'm not sure what your point is supposed to be, but I suspect you don't actually have one.

You didn't even give the Mises Institute a chance to educate you. If you listen to their in-depth videos on the fundamental "mechanics" of economics, but find yourself disagreeing with what they say, you're pretty much just refusing to hear anything, or simply not very bright.

They're not "fanatic", they're just explaining how economics works, in very clear terms, and in a way that obviously corresponds to reality (because it's all based on the way humans actually behave).