The Shock of Sweden's Housing Market Is Hitting the Country's Currency

Re:The Shock of Sweden's Housing Market Is Hitting the Count... by rileyphone on Wednesday November 15, 2017 @04:27PM (#15707986)

Via being backed to some tangible good, eg gold.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by littlestymaar on Wednesday November 15, 2017 @05:51PM (#15708743)

Or bitcoin ! Wait, this is ridiculous we have like two centuries showing us that commodity currency is a failure in an industrial economy.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by novalis78 on Wednesday November 15, 2017 @09:24PM (#15709847)

I would not be so fast in that conclusion. There is actually research that indicates that the opposite might be true:

http://saifedean.com/Saifedean%20Ammous%20The%20Bitcoin%20St...

A slowdown a la Thiel due to fundamentally flawed monetary policies.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by littlestymaar on Thursday November 16, 2017 @01:19AM (#15710592)

Thanks for the paper, but having skimmed through I don't think the word research is appropriate for this, it's more of a compilation of autrian propaganda than anything else.

Gold standard failed, no matter what libertarians like to fantasize about it.

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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by boznz on Thursday November 16, 2017 @12:31AM (#15710457)

Groan.. I think we need a version of Godwin's law for bitcoin

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