Plebble on Nostr: 136% 🙄 it’s why as a non economist trying to figure this shit out, I get ...
136% 🙄 it’s why as a non economist trying to figure this shit out, I get confused. We effectively have zero true capitalism by my understanding. Free markets possibly haven’t truly existed in centuries and now that we’ve had full global fiat for over 50 years, there’s a loss of transparency of true relative value. Then the whole lot of this is tumbled through a washing machine of rehypothecation and derivative alchemy. How on earth are we supposed to be able to question relative values of different systems or question things like the concepts of capitalism and free markets?
Published at
2025-03-02 04:47:55Event JSON
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"content": "136% 🙄 it’s why as a non economist trying to figure this shit out, I get confused. We effectively have zero true capitalism by my understanding. Free markets possibly haven’t truly existed in centuries and now that we’ve had full global fiat for over 50 years, there’s a loss of transparency of true relative value. Then the whole lot of this is tumbled through a washing machine of rehypothecation and derivative alchemy. How on earth are we supposed to be able to question relative values of different systems or question things like the concepts of capitalism and free markets?",
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