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by xapata
2933 days ago
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I can estimate the amount of money I'm willing to pay for something. I can observe some evidence of what other people are willing to pay and from that proxy make an estimate. If that's pulling something out of my ass, well, I guess you're not a fan of statistics or the scientific method? Oh, actually, I forgot that's a central tenet of the Austrian School -- science is bogus when contradicted by philosophy. > can't parse the latter part If a government creates money, then it must have a monetary policy. Do you think government-backed money is not "for the greater good"? |
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Do you think 2% is a good rate for you to be losing your savings' purchasing power? How fast would you like gangrene to spread through your body?