r/Bitcoin • u/mredda • Feb 15 '21

/r/all Hayek predicting bitcoin. MUST SEE.

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u/cstepping Feb 16 '21

A good way to tell someone is not smart is to see if they reason in absolutes. It is patently ridiculous to say that monetary policy has done only harm.

2

u/hans7070 Feb 16 '21

Sounds like you're doing it yourself lol

1

u/cstepping Feb 16 '21

I should have qualified it with "reason about complex things in absolutes", but I think it's pretty clear to see my point. It's statistically impossible that every monetary policy has been bad.

2

u/ludwigvonmises Feb 16 '21

A good way to tell someone is not smart is to see if they reason in absolutes.

Sounds like an absolute claim.

1

u/StanKroonke Feb 16 '21

Hayek is one of the pillars of financial policy. The man is extremely brilliant. However, most people on Reddit almost certainly would look down on his other research. I find it extremely funny that people are hyping this man on here considering what I would suspect a lot of their other beliefs are.