Mr_Zengoldabil on Nostr: We actually live in a world of superficiality. Fiat money is a symptom of that. It ...

We actually live in a world of superficiality. Fiat money is a symptom of that. It goes from most people relationships, to the culture, academy and even religion (at least on what lasts of it). So, it becomes logical for people who defends money debasement, that more spending and more consumism creates more income, and that without this, with deflation people would stop consuming and only go storing their money. We know that in fact, inflation leads to loss of quality on goods and services, when deflation and strong currency, creates the opposite effect, the money have value, and so, the goods and services. But the conditions for the right path to be put in practice, become rough in degenerative societies. So degeneration starts at the topp, at the intelectual/sacerdotal functions. Then it goes trough the military, and then to the markets. Finally, it reaches the masses, the average laborer, and at this point, we reach socialism. Reading, listening and knowing some aspects of traditions, makes me believe that praxeology or libertarian principles that it promotes, such as jusnaturalism and free markets, are the right order of things, but are dependent from the right order of things in higher hierarchies. But same way, that things degenerates from top/down, they can get better from down to the topp. This makes me optimistic about libertarianism, but with a certain sense of responsibility, that we have to practice the core of libertarian principles, but in a way that leads to tradition, not to modernity. From quantity, we go to quality again. And so it goes on and on.