Hacker News new | ask | show | jobs
by andsoitis 938 days ago
> The natural market price.

When money is free, it leads to very destabilizing dynamics such as elevated PE ratios and currency volatility.

2 comments

The irony is that with freer money money might actually be more expensive. And a lot of the destabilizing dynamics exist because money is cheap, at the same time that people must participate in the gulag casino to stay afloat
Not free as in beer.