The free market says what interest rates are, the central banks says what interest rates the government wants. When the two diverge, the free market participants use free market money; but those forced to engage with the central bank demand higher and higher interest rates.
The fiat users are incentivised to control the supply, allocation, and utilisation by the general population. The cheap money drives out the good by price fixing (tariffs and capital controls by the governing class).
The economy diverges into two classes: governing-owners and non-participants. There is no way out.
ed
npub14n…3kacs
2024-09-05 09:52:33
in reply to nevent1q…0f02
Author Public Key
npub14nug5qcgz4karvleme6h87yd6q7755f2lt06x7krt08kdyrdt4xqk3kacsPublished at
2024-09-05 09:52:33Event JSON
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"content": "The free market says what interest rates are, the central banks says what interest rates the government wants. When the two diverge, the free market participants use free market money; but those forced to engage with the central bank demand higher and higher interest rates.\n\nThe fiat users are incentivised to control the supply, allocation, and utilisation by the general population. The cheap money drives out the good by price fixing (tariffs and capital controls by the governing class).\n\nThe economy diverges into two classes: governing-owners and non-participants. There is no way out.",
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