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by dm73
5170 days ago
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Well, I think my view is pretty rational, I don't see it based on ideology as such. It's more the other way around: because by studying economic history, and economy in general, I became convinced of the values of (personal) freedom. But, to give some evidence that a stable equilibrium can occur: In the times of history when the free market determined what money was (precious metals), prices remained stable, sometimes for centuries. But once a government starts to interfere with debasing the money by law until it has no intrinsic value anymore, and keep printing it (so the same amount of goods & services are chased by more and more currency units), you can't have actual price information anymore. It's like measuring a distance with a yard stick whose units increases logarithmically in time. |
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Your view isn't irrational, but if it's not based on ideology and it's not based on evidence then what is it based on? (hint: its actually ideology, it just doesn't feel that way because it's not an insane belief and it's a popular one)