tag:blogger.com,1999:blog-8702840202604739302.post2632181296786975107..comments2024-03-27T11:12:49.188-07:00Comments on MacroMania: Why gold and bitcoin make lousy moneyDavid Andolfattohttp://www.blogger.com/profile/12138572028306561024noreply@blogger.comBlogger52125tag:blogger.com,1999:blog-8702840202604739302.post-45418205937777714172016-06-18T14:25:49.681-07:002016-06-18T14:25:49.681-07:00Ah if only the actual "inflation rate" w...Ah if only the actual "inflation rate" was anywhere near the CPI. It's not:<br />http://www.chapwoodindex.com/<br />And as if prices rising is somehow a *good* thing...that is one of the most counter-intuitive myths out there:<br />https://mises.org/library/deflating-deflation-myth<br />And the latest tech puts actual gold, not just a promise to pay, at the heart of the system. You can try debasing that if you like, seems to me that guys in pointy caps have been trying to do that using lead since the Middle Ages.<br />Mark in AUShttps://www.blogger.com/profile/13297838011286122737noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-18209256584188102672015-01-26T05:29:53.583-08:002015-01-26T05:29:53.583-08:00This is an amazing article totally agree with what...This is an amazing article totally agree with what the author has said via this article.<br /><a href="http://www.bidnessetc.com/calculator/bitcoin/" rel="nofollow">Bitcoin Convert To Usd</a><br />Anonymoushttps://www.blogger.com/profile/11806263406630274185noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-89513579235408536352015-01-11T05:56:28.691-08:002015-01-11T05:56:28.691-08:00No doubt it will be very useful for my future proj...No doubt it will be very useful for my future projects. Would like to see some other posts on the same subject! <br /><a href="http://moneymakingconference.com/" rel="nofollow">Money making conference</a><br />Anonymoushttps://www.blogger.com/profile/10161378138086950442noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-18726192923625175272014-11-20T16:49:55.482-08:002014-11-20T16:49:55.482-08:00I agree with you that bitcoin in its current manif...I agree with you that bitcoin in its current manifestation is insufficient as a currency to be used by the population as a whole as it exhibits undesirable characteristics. However I think the abstract notion of a cryptocurrency can be desirable with some major tweaks. <br /><br />What if we could design a cryptocurrency that was not subject to a fixed supply, but rather grew algorithmically based on indicators that can then influence actions that current central banks use to regulate money supply? This would have to be a function that takes data like economic output, unemployment, (and many many more) and maps them into actions that dynamically change the money supply (i.e. setting the optimal interest rate or reserve requirement). This would also have to be an adaptive process similar to an online learning algorithm that will learn the optimal actions based on seeing the affects of its actions and measuring its success.<br /><br /><br />I am formalizing these ideas further but I feel this blog post is not the best forum to present my ideas in their entirety. That being said I would love any insights you could offer as to potential issues or benefits with this framework.Anonymoushttps://www.blogger.com/profile/16598964589860590805noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-48966000391948190792014-08-26T12:41:00.121-07:002014-08-26T12:41:00.121-07:00Learn How to make up to $1000/Day Online Here 100%...Learn How to make up to $1000/Day Online Here 100% FREE Download Here: <br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><a href="http://smashinghacks.net/make-money-online-free" rel="nofollow">http://smashinghacks.net/make-money-online-free</a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Anonymoushttps://www.blogger.com/profile/05491086668276523779noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-5926237254040594452014-05-19T23:51:37.910-07:002014-05-19T23:51:37.910-07:00This post is very import for us to know more about...This post is very import for us to know more about bitcoin currency . Recent times one of the successful program Link Collider and it will help you grow your online business, personal blogs and social networks for FREE! . Moreover Get web traffic, Facebook likes & shares, Twitter tweets & followers, Youtube subscribers, Pinterest followers, Tumblr & Stumbleupon posts, Backlinks and better SEO for free. <a href="http://www.linkcollider.com/" rel="nofollow">http://www.linkcollider.com/</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-29409713343287201862014-05-14T14:32:01.445-07:002014-05-14T14:32:01.445-07:00Fantastic info and this topics will helpful for us...Fantastic info and this topics will helpful for us . More over i want to include one more thing here that trade your Bitcoin for OlympicCoin (OLY) on Mintpal, it is so cheap right now. OLY only has 58million coins in total and you can buy 1million of them right now for less than 1BTC... that means in a few weeks the 1million will be easily worth 10BTC! OLY developers are working on new projects - that's all you need to know. REPOST to spread the word. Time for us all to get rich!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-45042003707439392772014-02-07T00:07:58.976-08:002014-02-07T00:07:58.976-08:00Hi….Thanks for sharing this knowledgeable article ...Hi….Thanks for sharing this knowledgeable article about <a href="https://ripple.com/" rel="nofollow">bitcoin currency</a>. Your article is really very helpful for me. Keep sharing more….. Anonymoushttps://www.blogger.com/profile/16262330335437870699noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-36215250390583143292014-01-12T07:04:53.813-08:002014-01-12T07:04:53.813-08:00They perform well in market or there is any other ... They perform well in market or there is any other reason behind that ? .<br /> <a href="http://www.forex-trading-reviews.com" rel="nofollow">www.forex-trading-reviews.com</a> forexhttps://www.blogger.com/profile/03067913493261899096noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-74815611652702238802014-01-12T07:03:52.581-08:002014-01-12T07:03:52.581-08:00a really great view for all your explaination www...a really great view for all your explaination <a href="http://www.forexdyr.com" rel="nofollow">www.forexdyr.com</a> <br /><br />forexhttps://www.blogger.com/profile/03067913493261899096noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-19387616636314939182014-01-09T02:49:52.424-08:002014-01-09T02:49:52.424-08:00Continue the good work; keep posting more n more n...Continue the good work; keep posting more n more n more. <a href="http://Buylitecoins.us" rel="nofollow">nigel</a><br />Anonymoushttps://www.blogger.com/profile/05519378741595975707noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-78675782815541734832013-12-19T10:51:54.148-08:002013-12-19T10:51:54.148-08:00Extraordinary website you bang. 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Thank you so much for sharing us. Krishna Kumar Shresthahttps://www.blogger.com/profile/00683978768134661492noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-7752128790930320622013-08-30T02:40:47.108-07:002013-08-30T02:40:47.108-07:00Great information about gold and bitcoin system. I...Great information about gold and bitcoin system. I love your discussion about the characteristics of the 2 element. Gold can go up and down quickly, that's what I learned from trading options.learn binary optionshttp://actionbinary.com/education/noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-88780282023669529272013-08-08T02:45:27.931-07:002013-08-08T02:45:27.931-07:00Superbly information, if only all blog authors off...Superbly information, if only all blog authors offered the same content as you, the globally web would be a far better place. 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Read mor...great info , I really agree with you .<br /> Read more on http://fxcm-markets.blogspot.com/Starryfxhttps://www.blogger.com/profile/01714625125617309877noreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-58943291493552272332013-05-31T11:13:51.302-07:002013-05-31T11:13:51.302-07:00Jeesh, I drive off John D and we get this nutjob i...Jeesh, I drive off John D and we get this nutjob in his place. Very well, I begin anew -- Tippit, there is a difference between saying something and saying something that makes sense. You have certainly mastered the first, but the second seems hopelessly beyond you. I hope you look forward to my mocking as the only responses to your inane posts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8702840202604739302.post-56308294033369419522013-05-29T03:03:35.260-07:002013-05-29T03:03:35.260-07:00Did David Andolfatto just inadvertently admit that...Did David Andolfatto just inadvertently admit that emitting money is a tax? I think so. Congratulations. <br /><br />Of course the big difference between the inflation tax and a levy on gold, is that the collection of the latter requires government agents who, at times, have to deal with people armed with lead-dispensing devices.<br /><br />So much easier to steal from widows, orphans, and the abject poor, isn't it David? Tippithttp://forums.randi.orgnoreply@blogger.com