jennyfromdabloc
coked up sociopath
1. The free market is the best way to allocate resources and it will tend towards equilibrium.
2. Interfering with the market through price controls leads to surpluses, shortages and instability.
3. Monopolies are bad for consumers.
4. The government should deliberately create a central bank which has an uncontestable monopoly over the production of money.
5. The central bank should constantly interfere with the free market to fix the price of money at a certain level.
Makes perfect sense.
2. Interfering with the market through price controls leads to surpluses, shortages and instability.
3. Monopolies are bad for consumers.
4. The government should deliberately create a central bank which has an uncontestable monopoly over the production of money.
5. The central bank should constantly interfere with the free market to fix the price of money at a certain level.
Makes perfect sense.
