1000 Years of Inflation with Rune Østgård
TLDR:
- Historical perspective on inflation, central banking, and state control by Rune Østgård.
- Views Bitcoin as a tool to regain monetary freedom and transform the global financial scene.
- Suggests a shift back to community reliance and away from big government.
- Sees Bitcoin poised to reshape the future, mirroring the role of legal institutions a thousand years ago.
Full Summary:
In this in-depth conversation, Peter McCormack (@PeterMcCormack) and Rune Østgård dive into the history of inflation over the past 1000 years and its societal impact. Østgård, a lawyer and author, links the growth of state control in the 20th century, inflation policy, and the changing role of public institutions. He presents Bitcoin as a revolutionary tool, bringing us back to monetary freedom and potentially altering the global financial landscape. According to Østgård, we might be seeing a return to reliance on local communities, forming a full circle in a 1000-year cycle of societal evolution. With Bitcoin’s current architecture paralleling legal institutions of the past, it is believed to be ready to redefine the future.
Show: @WhatBitcoinDid
TLDR:
- Perspectiva histórica sobre la inflación, la banca central y el control estatal por Rune Østgård.
- Ve a Bitcoin como una herramienta para recuperar la libertad monetaria y transformar el escenario financiero global.
- Sugiere un cambio hacia la dependencia de la comunidad y alejándose del gran gobierno.
- Ve a Bitcoin preparado para remodelar el futuro, reflejando el papel de las instituciones legales hace mil años.
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