fuddcoinn
how do you know you aren't constantly pushing propaganda?
i very carefully only included facts and acknowledged events.
I'm sure with today's state of the rule of law it'll easily be swept aside.
few things can do as much harm as an untrustworthy money system or say a damaged "rule of law" - both of which the western world struggles with right now.
we are plenty inefficient with many things (subsidies, war) but inefficiency isn't even in the same league as a broken (fraudulent) money system.
what is more interesting is that a variety of traditional control mechanisms appear to be ineffective at stopping the two voluntary parties from interacting whereas for banking and brokerages they are sufficient.
I'd hate to see a second useless set of laws be made, similar to "hate crimes" (a crime is a crime - except when you say a certain something or think a certain way?? wtf) but how would you even enforce a law requiring specific criteria for an ICO when an anonymous 14 year old kid anywhere in the world can do it in 20 minutes??!
i am of the thought that not every guerilla ICO has to be brought to justice but the "rule of law" requires some semblance of respect and obedience and I've been to countries where everything is up for negotiation and no law is "rule". slippery slope. perception of authority should not be diluted if possible.
seems the nation state's reach has started to exceed it's grasp....
most reasonable people would prefer to stay silent but JP Morgan plays the "bad boy bank" role with gusto, second only to Goodman Sachs. both organizations openly break the law while eating the fines as an operating expense, bet against their own clients and ensnare nation states in unpayable debt with what most laypeople would think is unbelievable power and control.
compare that to a few choice words in an unregulated wild west market and perhaps id be stupid not to think it was intentional.
his reversal seals it for me. (unless this is yet more strategy on his part)
the percentage of people who take stories at face value is way too high.
i'll keep my words kind and limit this comment to just that....
if they doubled the money supply, evenly distributed it AND those new dollars were all spent at the same velocity then the expected price increase would certainly happen.
distribution & velocity are huge.
the ability of the new dollars to debase the old dollars only happens when they are spent into the economy.
the first parties to get and spend the new dollars receive the benefit side of inflation/price increases.
these bankers and economists will try to take credit for anything that has a positive twist to it, statistically speaking, but dont be fooled the central banks have very few tools and common sense + gut instinct is your friend when you're living underneath a government instituting financial repression (macroprudental policy).
More evidence of a 'stall forver' plan for brexit.
The unaware can laugh all they want but the information war is real and HN is quite popular.