MachuPikacchu on Nostr: Free trade isn’t possible in a fiat economy. Over time only the people closest to ...
Free trade isn’t possible in a fiat economy. Over time only the people closest to the “money printer” are economically relevant.
You may have the illusion of free trade because you’re allowed to buy and sell goods with whomever but in aggregate your signal is drowned out and producers will make decisions independent of you.
Only when the economy uses a neutral currency can we return to free trade and rational economic behavior.
#economics #bitcoin
Published at
2024-07-29 12:55:52Event JSON
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"content": "Free trade isn’t possible in a fiat economy. Over time only the people closest to the “money printer” are economically relevant.\n\nYou may have the illusion of free trade because you’re allowed to buy and sell goods with whomever but in aggregate your signal is drowned out and producers will make decisions independent of you.\n\nOnly when the economy uses a neutral currency can we return to free trade and rational economic behavior.\n\n#economics #bitcoin",
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