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by clates
1 hour ago
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> Yup. I'm extremely unconvinced that a non-distributionary constraint (ex: limiting the money supply one way or another, i.e. the gold standard, bitcoin, etc.) fixes a distributionary problem. Well, that's good because that's not what limiting the money supply does. It _acts as a force against inequality_. It doesn't _fix_ or _prevent_ inequality that already exists and doesn't claim to stop organic inequalities from arising - but it does put a limit on inequality resulting from an inflation of the money supply. |
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