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Comment Austrian economics (Score 4, Interesting) 600

Bitcoin is the greatest real-world experiment in Austrian economics. For once we'll get to actually see if a "deflationary spiral" will actually occur when the rate of money creation slows, or if the Keyensians were just full of it. Whether bitcoin actually succeeds or not, we'll at least get some really good data.

What we anticipate seldom occurs; what we least expect generally happens. -- Bengamin Disraeli

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