If one man can turn the knob on interest rates for the global reserve currency then definitely no free markets exist anywhere. nostr:note1yqn239klm22rr2s34sak2e79z8q9sf4ja8daza90qg688vx93f4qhqs96x
Discussion
Haha I know that I don't have to convince my #Nostr family of this
The āinvisible handā of free markets, as introduced by Adam Smith, became the first narrative the state adopted for propaganda. Just go with the flow of the āinvisible handā aka what is not Blackrock. Also trickle down economics. What a joke šš
They co-opted it. Smith mean that markets have outcomes from emergent behaviors that no central authority has to participate in. Pricing is a function of supply and demand and results from all participants in the market, not from a man in an ivory tower deciding.
The state reaped they could create levers to pull and assumed the roll of the hand. Not so invisible but sort of to the average person.
Exactly. It was co-opted.
Many different issues are being co-opted in the same way to serve a political agenda and create more division right now.
āJust let us pull more levers, we promise we want the best for youā¦ā
Then a few generations later everyoneās bankrupt.
If more people understood the #autonomy that is possible with #bitcoin more people could escape and use a platform that is outside of fiat currency.
Agorism cannot exist until the capitalist controlled āfree marketā economics stops robbing the working class through all its various methods. Mainly taxation and inflation. Itās subterfuge to keep the working class disempowered in economic slavery. Agorism is defined by it being voluntary to interact with a market.