| Thorsten Polleit is Chief Economist of Degussa, Europe’s largest precious metal trading firm, since April 2012. From 1998 to 2012, he worked as an economist in the international investment banking business. In 2012, he co-founded an Alternative Investment Fund. In September 2014 he was appointed Honorary Professor for economics at the University of Bayreuth. Thorsten Polleit is an Adjunct Scholar of the Ludwig von Mises Institute, Auburn, US Alabama, and President of the Ludwig von Mises Institut Deutschland. His research interests are monetary economics, capital market theory and, in particular, the Austrian School of Economics. His latest books are “Mit Geld zur Weltherrschaft” (2020), “Vom Intelligenten Investieren” (2018) and “Ludwig von Mises – der kompromisslose Liberale” (2018).
About Bitcoin he says: “For economic and ethical reasons I call for a free market in money. In addition to gold and silver, Bitcoin is clearly a promising candidate in the competition for sound money. In any case: May the best” man win. In his talk, Thorsten Polleit will address two timeless issues, which are particularly relevant for all those who wish to improve the current monetary system – be they crypto fans or precious metals advocates –: (1) Money has just one function; and (2) The size of the quantity of money doesn’t matter, that is no specific total supply of money is better than any other. The talk will conclude with making a case against government monopolisation of money production, arguing for a truly free market in money. This presentation was performed during the Value of Bitcoin Symposium on March 5th 2020 in Vienna – more information: https://vob-conference.com Thank you to our sponsors! |
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