Economics and Capitalism
Many thoughts out there to think about on this. Most of the world is running on a case of capitalism. Right now most of the world has turned into a business. In a case of capitalism.
There are a few types of capitalism.
One is keynesian and other if the Austrian School of Economics.
With that in mind we been on the keynesian which is more less a debt ridden model. Where one with debt uses their debt to make money from someone else’s debt. Then only to pass that debt to someone else to get into more debt. Who tries to make money from someone else’s debt.
This is crazy cycle of thinking but it is how it is.
What are you thoughts on being on the keynesian method of economics
If you have not heard about Austrian School of Economics. Take a look right now, it is an eye opener for sure.
Now for those of use in Bitcoin and cryptocurrency. Maybe we could one day go to the Austrian School of Economics and utilize crypto into this model.
What are your thoughts on all of this.