Ah, the old debate between Keynesians and Austrians. We can argue this forever but we will always find data to support our case. Even in Venezuela, some people are still supporting the Bolivar and the economic policies of the government.

The thing is, Keynesians economies create crises and then try to solve them with QE, but that is just kicking the can down the road.

If you are a responsible citizen you live within your means, you spend less than you earn, and with the rest, you invest. Why the government should be any different?

Having a money printer is a huge mistake and now we will witness the consequences. No QE will save from us.

There is no transparent accountable democracy and never will be, trying to fix that is wasting time. Human nature. Remove the ability to print money and you'll get more efficiency, transparency, and accountability.

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe to my blog: albertoguerrero.net/subscribe and you'll get a copy of my book.