Balaji Srinivasan
๐ค SpeakerAppearances Over Time
Podcast Appearances
Russians were big and strong then they had bases in Vietnam and Angola.
They were big and strong around the world.
And didn't they help beat the Nazis?
Right.
And then conversely, all the people in like Eastern Europe would say, well, yeah, but you the Russians occupied us and they forced Russian on us.
And, you know, and communism was imposed on it, blah, blah, blah.
Everybody has like all kinds of recriminations when an empire breaks down.
So in the same way, Keynesianism is bad for Americans, right?
just like communism is bad for Russians.
And a lot of people in cryptocurrency understand that.
They understand that it's unhealthy.
And they also understand that they need to kick the habit at some point.
And in fact, they are being forced to kick the habit because in the absence of a counterforce to Keynesianism, what happens is they don't just take 10% of the wealth and
They take 30% and 80% and then 99% because they can print infinitely, right?
I want to land the plane.
I want to land the plane.
And so the thing is, um,
It is hard to have binocular vision because like if one is on, let's say, center right in America, you're basically going to see China as bad because it is bad for the center right American on balance.
And if you're center left or left, you're going to see the Internet as bad because it is bad for Democrats on balance from a jobs and stature standpoint and so on.
Right.