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by WalterBright 1651 days ago
You might want to investigate the economic collapses caused by government run monetary systems. Like the Weimar Republic you mentioned - that collapse led to Nazism. Not a ringing endorsement for central banking, amirite?

BTW, are you enjoying the 9% haircut we all got in the last year courtesy of central banking?

1 comments

"Not a ringing endorsement for central banking, amirite?"

Which type of spherical cow free-market economy should i compare it too? No matter what system i pick, from medieval gold based systems to modern floating currency, someone goes "ThaTs NoT Real Free MaRKet!" It's like communism, not real life system was ever the real deal.

> Which type of spherical cow free-market economy should i compare it too?

The US system of free banking before 1914.

You can't, it is a religion.
I really think it is, amits ironic because they are ideologically oppose communists but act in the same way. Horseshoe effect in real life!

https://en.m.wikipedia.org/wiki/Horseshoe_theory#:~:text=In%....