Italian Stallion on Nostr: People misunderstanding the manipulation of the money supply and market controls by a ...

People misunderstanding the manipulation of the money supply and market controls by a greedy oligarchy that is ignored by an ineffectual government, being correlated to a higher cost a living, and then blaming the economic system "capitalism"(if you can even call it that anymore) has got to be my biggest pet peeve. Capitalism was supposed to create greater degrees of separation between those who are generally selfish and those who aren't. So that the individual can self actualize in the way that best suits them. Changing ownership of property and the means of production, to those who are already of the ownership class, would remove that separation. I don't see a way that this fixes the problem.

As essential that money is to the human standard of living, I don't think it's controversial to say that the control of the supply, should be left out of the hands of humans. We are fundamentally self interested, some more SELFish, others more SELFless. Left in the hands of humans you are almost always one generation away from a selfish class of people who control the money supply, jeopardizing the well being of others. Bitcoin could potentially be a step away from this system of rulership by other humans.