this post was submitted on 16 Nov 2025
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Paul Krugman. He is the author of 27 books. He has a PhD from the Massachusetts Institute of Technology (qu.ax)
submitted 2 months ago* (last edited 2 months ago) by sixeyo@lemmy.world to c/videos@lemmy.world
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[–] JoMiran@lemmy.ml 15 points 2 months ago (1 children)

I love the idea of cryptocurrency and blockchain validated transactions, but the reality of it is very different.

[–] sobchak@programming.dev 3 points 2 months ago (1 children)

I don't like chargebacks being impossible. I think countries being able to manipulate their currency to balance inflation and unemployment has advantages too; if we're going to keep doing this capitalism thing at least.

[–] Zyansheep@programming.dev 1 points 2 months ago

Land value taxes funding direct stimulus via UBI are a wayyy better way to control inflation and unemployment imo than interest rates and monetary inflation...

no chargebacks is a problem tho. that and everyone's past transaction history being public record and not just available to well-accoutable investigative authorities. first mover advantage with crypto is also kinda terrible...