Bernie Sanders' Dark Age Economics (Bitcoin mentioned in National Review)

Crenel84

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Quote from: Westin Landon Cox on May 28, 2015, 05:14:58 PM

Here's an interesting National Review article about people who are confused about money.

http://www.nationalreview.com/article/418926/bernie-sanderss-dark-age-economics-kevin-d-williamson

Good article, thanks for sharing the link!

Unfortunately, people don't want to think things through. Some of them can't, others are just too lazy. It's not about what's ethical, what's logical, what's connected to reality -- it's all about what makes someone feel good. Not everybody is like that, but you only need a majority....

Chef Ramsay

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Bernie Sanders: Don’t Need 23 Choices of Deodorant, 18 Choices of Sneakers

Bernie Sanders: You can’t just continue growth for the sake of growth in a world in which we are struggling with climate change and all kinds of environmental problems. All right? You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country. I don’t think the media appreciates the kind of stress that ordinary Americans are working on.

http://reason.com/blog/2015/05/26/bernie-sanders-dont-need-23-choices-of-d

This guy is an official nutball neanderthal doesn't like human improvement and always caters to the lowest common denominator - the parasitic class.

Chef Ramsay

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Bernie Sanders: A 90% tax rate sounds fine to me

HARWOOD: When you think about 90 percent, you don’t think that’s obviously too high?

SANDERS: No. That’s not 90 percent of your income, you know? That’s the marginal. I’m sure you have some really right-wing nut types, but I’m not sure that every very wealthy person feels that it’s the worst thing in the world for them to pay more in taxes, to be honest with you. I think you’ve got a lot of millionaires saying, “You know what? I’ve made a whole lot of money. I don’t want to see kids go hungry in America. Yeah, I’ll pay my fair share.”

https://hotair.com/archives/2015/05/26/bernie-sanders-a-90-tax-rate-sounds-fine-to-me/

jeannemadrigal2

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Quote from: Chef Ramsay on May 28, 2015, 10:19:28 PM

Sanders is a socialist Senator and running against Hillary as the true lefty alternative to her and NR is a site for neocon type republicans that do not necessarily like Rand Paul so I doubt they'd take Bitcoin serious coming from the likes of Sanders. Fine by me cause I hope they all miss out on what Bitcoin can do for the world.

Nice summary Cheesy

I hope hilary loses, actuall bush too. I don't like these families taking over control of the government. I refuse to believe that these are the two best candidates. Cmon people!

Chef Ramsay

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Activity: 1568

Merit: 1001

Sanders is a socialist Senator and running against Hillary as the true lefty alternative to her and NR is a site for neocon type republicans that do not necessarily like Rand Paul so I doubt they'd take Bitcoin serious coming from the likes of Sanders. Fine by me cause I hope they all miss out on what Bitcoin can do for the world.

Westin Landon Cox

full member

Activity: 136

Merit: 100

Get your filthy fiat off me you damn dirty state.

Here's an interesting National Review article about people who are confused about money.

http://www.nationalreview.com/article/418926/bernie-sanderss-dark-age-economics-kevin-d-williamson

Bitcoin gets mentioned a couple of times (but not at all discussed). The mentions seem to be positive. It's interesting to see further evidence of Bitcoin penetrating a relatively mainstream publication like NR.

The full article is very good. Here are the two passages in which Bitcoin is mentioned.

Quote

That $484 is easily expressed in non-U.S. dollar contexts: €445.08, £ 314.56, ¥ 5,9573.87, 2.0349 Bitcoin. (Damn!)

Quote

Money is a medium of exchange, and prices are a form of communication. What do prices communicate? How much we value certain things relative to other things. This is really helpful: Everything in the economy is in reality priced in terms of other things — everything is relative to everything else — and price tags would look like the Library of Congress if we had to list the price of an airline ticket in wheat, coffee, gold, Bitcoins, signed Andy Warhol prints, Hermès scarves, etc. The underlying hierarchy of relative preferences does not change if you go from U.S. dollars to Swiss francs; you can play with the means of exchange all you like, but you’ll never arrive at a place at which people value a No. 2 pencil (the miraculous No. 2 pencil!) as much as they do a Rolls Royce automobile.

Topic: Bernie Sanders' Dark Age Economics (Bitcoin mentioned in National Review) (Read 665 times)