Nassim ‘Black Swan’ Taleb says the future will be ‘a libertarian’s dream’ – MarketWatch

Nassim Taleb, hedge-fund adviser and author of The Black Swan, may be a prophet of doom when it comes to the perilous state of financial markets, but, in a rare splash of cheer, he says hes optimistic about the future overall.

He recently went on Ron Pauls Liberty Report to spread his rosy view of what lies ahead, which he described as a libertarians dream:

So what needs to be destroyed, exactly?

Taleb, like the man he supports in the White House, probably wouldnt miss the New York Times NYT, +0.00% too much if it were to disappear.

We have today so many people sitting in the New York Times Washington office, in an air-conditioned office, who can dictate foreign policy with zero risk, he said.

Taleb added that we are no longer victims of the New York Times, thanks in part to Twitters role in shaking up the traditional news flow.

Another entity hed be fine without, of course, is the Federal Reserve. He used this metaphor to describe whats been happening in recent years.

Without the Federal Reserve, Taleb said that the price of money would be negotiated between people.

He pointed to bitcoin BTCUSD, +3.41% which continues to explode to new highs, as part of some sort of organic order in the future.

You cannot have incompetence, serial incompetence, for such a long time without some kind of pushback, Taleb said.

Watch the full interview:

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Nassim 'Black Swan' Taleb says the future will be 'a libertarian's dream' - MarketWatch