Austrian economists argue that a stable money supply promotes economic stability and allows for rational price signals. It proposes that for money to be stable it needs to be tied to one or more tangible commodities.
So all current crypto should be avoided according to Austrian economics. Which makes me wonder, as an Austrian Econ fan, why are you here?
Austrian economists argue that a stable money supply promotes economic stability and allows for rational price signals. It proposes that for money to be stable it needs to be tied to one or more tangible commodities. So all current crypto should be avoided according to Austrian economics. Which makes me wonder, as an Austrian Econ fan, why are you here?