ralphie on Nostr: Since the present monetary system is fundamentally unstable, there cannot be a ...
Since the present monetary system is fundamentally unstable, there cannot be a “correct” money supply growth rate.
Whether the central bank injects money in accordance with economic activity or fixes the growth rate, it further destabilizes the system.
The only way to make the system truly stable is to permit the free market to take over.
Whether the central bank injects money in accordance with economic activity or fixes the growth rate, it further destabilizes the system.
The only way to make the system truly stable is to permit the free market to take over.