In 1929, Ludwig von Mises rejected a job offer for a high position at the Austrian bank Kreditanstalt. He believed that a great crash was coming and didn’t want his name associated with it. Since then, economists of the Austrian school have successfully managed to avoid association with any economic crash. To prevent association with future crashes, Austrians should now warn about the bitcoin boom, which has reached new heights in 2021.
It’s indeed impossible to deny the success of bitcoin... Read More >