Watch up Neo, all you have been told is a lie, the world around you is not what you think it is.

The government merely extracts the value from your labour, they almost never give you tax cuts, and even if they do, they are still taxing you through inflation and their deficit spending.

This curtain is being pulled back, the wizard is a fraud, and amazing to think, when their models were being developed and first applied, they were basically power hungry fools (e.g. FDR), looking for an academic who suggested that “no it is not the actions of the productive individual that will fix your problems, but the politician’s ability to wave his magic money wand to make new money to fix the problems”. John Maynard Keynes, amongst other things, was not a productive individual, making him birds of a feather with the political class.

Academic committees tends to fund academics who share their views.

Politicians will likely fund and establish academic committees that reinforce that government is the way to solve a societies problems.

May explain why, even after 100 years of empirical evidence not supporting Keynesian economics, it is still the theory that is largely taught. They fund the institutions that train the young people to believe that even if there is no evidence, they will enter the world of work believing politicians have power, and inflation in needed to promote consumption.

Thank you Aaron. Never thought the economics part of a bitcoin book could be quite so interesting!!!! #bitcoin fixes this #genesisbook