listigerlurch on Nostr: „I hope that this essay is sufficient to convince those who argue in favor of a ...

„I hope that this essay is sufficient to convince those who argue in favor of a free market for money that 1.) it is not sufficient for money to only work under a benevolent—free market embracing—state, but that good money needs to work especially in those circumstances where it is facing adversity; we do not want another bad money like gold that fails us in times we need it the most, and 2.) it is naive to hope that by arguing in favor of a free market in money, the state and central banks will realize their mistakes and finally embrace it.“

https://unfashionable.blog/p/stop-calling-for-a-free-market-in/