So maxis yelling about Keynes when discussing tail emission has been happening for a while.
This is just an idea that has been repeated so much its SEEMS true.
Its not really true.
Keynes argued against arbitrary supply inflation.
Rothbard said theres no "proper" supply of money.
There is nothing inherently Keynesian about monetary supply inflation.
The Austrians would've thought an arbitrary cap on the number of monetary units was ridiculous.
Apologies to Saife, who has done more than anyone to perpetuate this dumb idea.
But the arbitrary #bitcoin supply cap is a knee jerk reactionary policy.
A wonderful meme.
It is NOT well thought-out monetary policy.
Kanzan
npub1lx…6svxa
2025-03-25 00:18:07
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxaPublished at
2025-03-25 00:18:07Event JSON
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"content": "So maxis yelling about Keynes when discussing tail emission has been happening for a while.\nThis is just an idea that has been repeated so much its SEEMS true.\nIts not really true.\n\nKeynes argued against arbitrary supply inflation.\nRothbard said theres no \"proper\" supply of money.\n\nThere is nothing inherently Keynesian about monetary supply inflation.\n\nThe Austrians would've thought an arbitrary cap on the number of monetary units was ridiculous.\n\nApologies to Saife, who has done more than anyone to perpetuate this dumb idea.\nBut the arbitrary #bitcoin supply cap is a knee jerk reactionary policy.\nA wonderful meme.\n\nIt is NOT well thought-out monetary policy.",
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