HanShan on Nostr: i mean ffs Rothbard specifically said it doesn't matter what the supply of money is. ...
i mean ffs
Rothbard specifically said it doesn't matter what the supply of money is.
Just that it should be left to the market.
it isn't Austrian to argue for a static supply or saying supply should never change.
it would've been a ridiculous idea.
the amount of money increases as human output increases.
its not theft.
a hard cap is a knee jerk reaction to central bank debasement.
understandable but misguided.
Rothbard specifically said it doesn't matter what the supply of money is.
Just that it should be left to the market.
it isn't Austrian to argue for a static supply or saying supply should never change.
it would've been a ridiculous idea.
the amount of money increases as human output increases.
its not theft.
a hard cap is a knee jerk reaction to central bank debasement.
understandable but misguided.