One of the main gripes that people have against privatisation of public services is that they think the prices of the service will go up if it is given to private players - the affordability argument.
In response, you say that the fault is with fiat money and the conversation barely progresses further.
💯 getting people to understand fiat and how prices work is almost as fun as slamming your head through drywall over and over
It's not immediately obvious how they work. It requires reasoning and understanding of how human action works.
Those who rely strictly on statistics to inform their economic views will find it especially difficult.
Yea. Maybe it just seems easy from going down the rabbit hole years ago.
But try explaining to the average young person why selling higher priced gas and food during a natural disaster is a good thing and they'll look at you like you are satan.
🤣🤣🤣
The natural state of the free market is deflation and Bitcoin is the only free market.
But it’s an uphill battle to spread this truth when the central banking lie is older than any living human.
Productivity is a function of how much people want goods and services to be produced. It's possible that prices and time preferences go down on a bitcoin standard but not an inevitability, since all individuals have differing ends and means.
We need a free market in money and interest rates. Those who use the best form of money and use credit responsibly will be rewarded accordingly.
