INDIAN LIBERTY REPORT @ilr@librem.one

RT @RahulKhanwalkar
Started hearing on Business channels how inflation is 'good' for Economy.

A few weeks ago, while advocating for lower interest rates, the same people used to say 'there will never be inflation'!

"In the end, Bitcoin’s biggest defense is human nature itself. We are greedy and self-interested, and this applies to our governments." .@gladstein

https://quillette.com/2021/02/21/can-governments-stop-bitcoin/

Shhhhhh 🤫

h/t @NonsensicalNemo

Choose the exit
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RT @RahulKhanwalkar
So, most of Govt bond auctions post-budget have failed to find willing buyers.

In normal markets, this would lead to rise in interest rates.

But in a ‘managed’ market such as ours, this first leads to RBI and/or primary dealers directly funding the Govt.
https://twitter.com/RahulKhanwalkar/status/1363718177704734725

Nepal Decided It Couldn’t Afford Lockdowns – And It’s Doing Fine ! .@ThomasEWoods

“It’s as if nothing has happened - nightclubs are crowded – Schools and colleges, sports venues are full. It’s like there’s no Covid !”

https://indianlibertyreport.com/nepal-decided-it-couldnt-afford-lockdowns-and-its-doing-fine/

Nepal Decided It Couldn’t Afford Lockdowns – And It’s Doing Fine !

"It's as if nothing has happened -nightclubs are crowded - Schools and colleges, sports venues are full. It's like there's no Covid !"

https://indianlibertyreport.com/nepal-decided-it-couldnt-afford-lockdowns-and-its-doing-fine/

Bitcoin, Unlike Fiat Money, Is Compatible With Islamic Finance

Elevating morality above perceived efficiency makes for a profound starting point. @allenf32

https://indianlibertyreport.com/bitcoin-unlike-fiat-money-is-compatible-with-islamic-finance/

Bitcoin, Unlike Fiat Money, Is Compatible With Islamic Finance

Elevating morality above perceived efficiency makes for a profound starting point.

https://indianlibertyreport.com/bitcoin-unlike-fiat-money-is-compatible-with-islamic-finance/

Legal Plunder : The Root Cause of Inequality

We might think that that the only form of plunder is the thefts punished by the Penal Code. But plunder is also committed “legally” and with the approval of society.

https://indianlibertyreport.com/legal-plunder-the-root-cause-of-inequality/

Why An Outright Ban on Bitcoin Might Be Unconstitutional

A mere ritualistic incantation of money laundering and black money as a justification for total prohibition will not satisfy the test of proportionality.

https://indianlibertyreport.com/why-an-outright-ban-on-bitcoin-might-be-unconstitutional/

Legal Plunder : The Root Cause of Inequality

We might think that that the only form of plunder is the thefts punished by the Penal Code. But plunder is also committed "legally" and with the approval of society.

https://indianlibertyreport.com/legal-plunder-the-root-cause-of-inequality/

#bastiat

Why An Outright Ban on Bitcoin Might Be Unconstitutional

A mere ritualistic incantation of money laundering and black money as a justification for total prohibition will not satisfy the test of proportionality.

https://indianlibertyreport.com/why-an-outright-ban-on-bitcoin-might-be-unconstitutional/

RT @KisanputraA
Representation of Kisanputra Andolan to Supreme Court Appointed committee on Farm Bills 2020 https://link.medium.com/nph8WqIhYdb

RT @MoneylifeIndia
@suchetadalal @Moneylifers @yogtoday "Privatising chronically sick, money-guzzling public sector undertakings (PSUs) is, indeed, a good thing, especially in sectors where the government has no business being in business."

Read the full column here: https://www.moneylife.in/article/privatisation-lets-playback-before-we-fast-forward/62985.html

@suchetadalal @Moneylifers @yogtoday

RT @kaul_vivek
Since you want to play quote quote:

He who knows only his own side of the case knows little of that—John Stuart Mill, 1860. https://twitter.com/inlibertyreport/status/1362272894894620674

Don't harass Mr. @kaul_vivek , he understands and writes well on other subjects.

This is a warning to the rest of you - don't trust anyone, not even us. Do your own independent research and hope you're not wrong.

Most of the arguments he makes have been made time and again since at least 2013.

The least he could do is 'steel-man' those arguments.

But last we checked, Austrian economics 'has only one hammer'..

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RT @kaul_vivek
@inlibertyreport Ah Austrians and their one hammer...
https://twitter.com/kaul_vivek/status/1360870098492301312

Our take - bitcoin is still in the process of *becoming* money, a process described by Menger in 1871 (see page 257 and onwards here)

https://cdn.mises.org/Principles%20of%20Economics_5.pdf

Nowhere in the article does our man try to describe what 'money' is. Since he claims to have read Saifedean, here's what Saifedean says :

As Rothbard said, '“It is no crime to be ignorant of economics (...) but it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance".

After others like Schiff and Roubini, #InseBhiMilo
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RT @kaul_vivek
Why bitcoin won’t become like money

Why Taleb is right, despite his timing

Why a free market in money is a bad idea

Why many bitcoin believers also believe in a…
https://twitter.com/kaul_vivek/status/1362258835214274571