Michael Snoyman's avatar
Michael Snoyman
michael@snoyman.com
npub1uwa9...cjh4
Programmer, economist, author, speaker, weight lifter, Bitcoin enthusiast. Born in 🇺🇸, living in 🇮🇱 עזרי מעם ה' עושה שמים וארץ
One of the few non Austrian economics ideas that makes sense to me is velocity is money. The more often the same unit of money is used in transactions, the larger it’s impact on things like inflation. However, per my understanding, Austrian economics does not use this concept. Can anyone explain how Austrian economics addresses this? #economics #asknostr
The true definition of conspiracy theorist is “someone who sees the incentive structures present and see where corruption likely resides.”
TFW you’ve been sick all week, you’re dead tired, and you finish the last meeting before the weekend image