so you just say money can't just be a product of the market instead of it being centrally created and the whole economy forced to use it?
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so you just say money can't just be a product of the market instead of it being centrally created and the whole economy forced to use it?
first, value must be decided otherwise the market cannot function, and on top of that value remains subjective, that is why value fluctuates so easily. But as soon as the value is determined, collusion starts mushrooming... this is a dynamics that inherent to monetarism. I have come to the conclusion that money was never meant to enhance freedom but cartels of all kinds... even economists like von Mises and Hayek, knew that markets were flawed because of that and even conceived that some form of UBI for the lower class would be necessary. Nothing can stabilize value but a monopoly on value.
wrong- the market decides about prices and value..
market value is all subjective value together and the equilibrium out of it
do you know austrian school of economy?
depends on what you understand as money.. if the modern centralized version.. then yes..
Hayek in agreement with some form of basic income for the poor because hierarchy cannot be overcome with monetarism ruling the game
https://www.libertarianism.org/columns/why-did-hayek-support-basic-income
so reduce taxes to only basic income?
OMG, quit lying about Mises and Hayek.
And value is never stabilized. Prices are continually changing in response to market conditions.
You have never been pro-von mises and Hayek but a mere capitalist agreeing with the corporate way of maximizingprofits, I have debated this with your for 3 years........................................... what market conditions, those decided by the monopoly on value? look at the Oil price, manipulated for decades... and now that the oil age is ending, they allow it to go down.............. OPEN YOUR EYES :)
I adore Mises, this is why I correct your nonsense. He single handedly destroyed your communism with reason. Mises is the quintessential capitalist and has systematically destroyed all your talking points long before you were born.
You have not debated me on this at all. All you did was provide one out of context quote from Hayek. Quote mining is your forte.
Yes, yes, whatever way the market goes, the mysterious "they" causes it. Not very convincing. But easy on the brain. You don't have to think your way through events, just blame it on a conspiracy.