QE did exactly what was expected of it. It saved the banks from going under and kept the CEOs out of jail where they all belong (civil suits can be launched against the execs of bankrupted companies but TARP allowed the banks to keep their internal memos from being made public). It also bloated the stock markets such that the rich became richer and everyone else.... well, who gives a fuck what happened to everyone else. The Feds are certainly turds but they aren't stupid turds. Even if the banks were allowed to go into bankruptcy now, it is probably beyond the time allowed to launch suits against the execs. Jamie Demon can stay free. Yay.
Hence tapering. And similarly tapering will do exactly what is expected of it. There has never been an expectation that QE would improve the economy, just the stock markets. All tapering will achieve is to expose that we never left the Depression that started in 2007. But I do think the tapering will be gradual or even reversed. Just look at all the printed dollars the Fed launched into the global stock markets today after the jobs figures were released. Staggering.
Topic: Bitcoin Taken Seriously by Academics (Read 845 times)
Printing money isn't quite working for the Fed. So might as well taper or decrease the amount of QE.
That's fantastic, it looks like they're asking some intelligent questions about Bitcoin as well and studying it rather than just forming stupid assumptions on their own, that said, I am laughing at them when they suggest that they expect the Federal Reserve to taper.
In a similar vein, this is a great website that gives an abstract of every academic paper on Bitcoin picked up by Google Scholar alerts.
http://btcgsa.info/
Seems to be inactive since Sept 2013 though
http://btcgsa.info/
Seems to be inactive since Sept 2013 though
There is quite a bit of scientific research on crypto/BTC out there already.
See here https://en.bitcoin.it/wiki/Research
See here https://en.bitcoin.it/wiki/Research
Thanks for the link, trace
There is quite a bit of scientific research on crypto/BTC out there already.
See here https://en.bitcoin.it/wiki/Research
See here https://en.bitcoin.it/wiki/Research
The bitcoin ecosystem is at the size which forward thinking professors and academic researchers can't ignore the potential innovations.
I am a masters student at UMKC (a University in Kansas City) and have found out that they teach and talk about bitcoin in their Payment Systems and International Finance courses.
This is one of the required readings for the Payment Systems course: http://cryptome.org/2013/12/boa-bitcoin.pdf
Bitcoin is growing in academic circles but maybe not fast enough.
I am a masters student at UMKC (a University in Kansas City) and have found out that they teach and talk about bitcoin in their Payment Systems and International Finance courses.
This is one of the required readings for the Payment Systems course: http://cryptome.org/2013/12/boa-bitcoin.pdf
Bitcoin is growing in academic circles but maybe not fast enough.
First assessment by BOA is tip of iceberg.
The bitcoin ecosystem is at the size which forward thinking professors and academic researchers can't ignore the potential innovations.
I am a masters student at UMKC (a University in Kansas City) and have found out that they teach and talk about bitcoin in their Payment Systems and International Finance courses.
This is one of the required readings for the Payment Systems course: http://cryptome.org/2013/12/boa-bitcoin.pdf
Bitcoin is growing in academic circles but maybe not fast enough.
I am a masters student at UMKC (a University in Kansas City) and have found out that they teach and talk about bitcoin in their Payment Systems and International Finance courses.
This is one of the required readings for the Payment Systems course: http://cryptome.org/2013/12/boa-bitcoin.pdf
Bitcoin is growing in academic circles but maybe not fast enough.
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