How will libertarianism stop degeneracy and usury in your country without violating the Non-agression principle?
Example
How would a father stop his 12 year old daughter from selling herself for sex without violating the NAP?
Discussion
That's a strange way to welcome a new person on Nostr, but to each their own.
Moral persuasion and reasoned discourse would always remain most invaluable in the battle against moral degeneracy. One (in this case the father of the 12 year old) must logically show that particular actions and modes of being would be very costly if continued.
Market-determined interest rates—whether high or low—rather than artificially induced ones via credit expansion or contraction, help allocate capital to those lines of production which aim toward the satisfaction of most urgent wants. “Usury” would be a mere value judgment, not a valid concept under a free market regime. Sound economics must be propa. Cheers!
Good answer! Welcome to Nostr.
Pursuasian talk is just hope and cope. In reality, you will most likely have to commit agression to protect her because people are people. Flawed to the core.sinners.
Market rates are super vulnerable to corruption and usurus practices. Anyone invested enough can manipulate or control the market. This can even happen to bitcoin if BlackRock buys up enough of Bitcoin. A libertarian world would just enable markets to be manipulated and controlled by a select few like we have now but worse.
Eventually thinking only about yourself has a cost and it will be your freedom slowly disappearing