Source: lewrockwell.com

From: A

Sent: Saturday, November 04, 2017 1:50 PM

To: Dr.Walter Block

Subject: Two questions


Dear Walter, I hope this mail finds you well. I have two questions, if you have the time I would love to know your thoughts:

1- Why is it that Rothbard says that at any given time the amount of money is the optimum amount? I do understand that prices accommodate. But at the same time the increase or decrease of the money supply affects interest rates, and therefore investment (thereby causing business cycles). Is Rothbard’s view a static view of the money supply and prices in general, while Business Cycle Theory integrates a dynamic view of money supply and its impact on interest rates in particular?

2- What is your view on Bitcoin?

Best, A


Dear A: Instead of answering either in detail, I hope and trust you won’t mind that I send you what I’ve published on these two topics instead.


1: Optimal quantity of money


Barnett, William II and Walter E. Block. 2004. “On the Optimum Quantity of Money,” Quarterly Journal of Austrian Economics, Vol. 7, No. 1, pp. 39-52; http://www.mises.org/journals/qjae/pdf/qjae7_1_4.pdf


Barnett II, William and Walter E. Block. 2012. “The Optimum Quantity of Money, Once Again.” Economics, Management, and Financial Markets; Vol. 7, No. 1, March, pp. 9-24; http://www.addletonacademicpublishers.com/component/option,com_sectionex/Itemid,103/id,23/view,category/#catid145; Password: AddletonAP2009.


Barnett, William II, and Walter E. Block. 2005. “Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?” Review of Austrian Economics. 18 (2): 179-194; http://www.gmu.edu/rae/archives/VOL18_2_2005/4_Barnett.pdf


2: Bitcoin


Davidson, Laura and Walter E. Block. 2015. “Bitcoin, the Regression Theorem, and the Emergence of a New Medium of Exchange.” Quarterly Journal of Austrian Economics; Vol. 18, No. 3, Fall, pp. 311-338; https://mises.org/library/bitcoin-regression-theorem-and-emergence-new-medium-exchange


January 15, 2014. Subject: RE: Reddit AMA; berrysuttle@outlook.com; reddit.com/r/anarcho_capitalism; Username: DrWalterBlockPassword: loyola123; http://www.economicpolicyjournal.com/2014/04/walter-block-on-bitcoin-seasteading-and.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+economicpolicyjournal%2FKpwH+%28EconomicPolicyJournal.com%29


September 10, 2013. Michael Shanklin [mailto:shanklinmike@yahoo.com] lmr.radio

Duke Boyne dukeboyne@hotmail.com; shanklinmike@yahoo.com;

https://plus.google.com/hangouts/_/36d86793428dfcb299c3fbf640452d3ae1a62141?authuser=0;

http://youtu.be/qyYgGBBmjR8; liberty movement radio.com; How Walter Block Became A Voluntaryist Libertarian: https://www.youtube.com/watch?v=JPkstrFj2NI. on Rand Paul and Political Action: https://www.youtube.com/watch?v=aD4AUslAaFU. full interview on Voluntary Virtues Radio 9/10/2013 Rand Paul, Bitcoin, Tragedy of the anticommons: https://www.youtube.com/watch?v=iUikrwcWXIw. on Bitcoin: https://www.youtube.com/watch?v=duDykrxwIxw. Video interviews: on Animal Rights & Untouched/NonHomesteaded Land. https://www.youtube.com/watch?v=HZt2Sz2UpLo. full interview on Triple-V: Inchoate Crimes, Political Action, Self-Defense: https://www.youtube.com/watch?v=XTfyC9YyhXk. “Obama & Bush Are War Criminals”, Hitmen, and Inchoate Crimes: https://www.youtube.com/watch?v=P4hyFyLsxY4;


September 20, 2013. Guillermo Jimenez, gjimenez@tracesofreality.com; Skype: tracesofreality; RBN Producer; 800-313-9443; the philosophy of libertarianism, anarcho-capitalism, stateless order, bitcoin, rights to privacy; http://tracesofreality.com/2013/09/20/tor-radio-09202013-walter-block-on-the-fed-qe-infinity-bitcoin-and-anarchy/


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