The Corrosive Predicament

2 years ago
1

Prices will fall on a free market. We don’t have a free market. In fact, the system isn’t even designed to make prices stable. That’s a fairy tale. It’s designed to make prices rise. Prices may rise based on supply and demand, but not for the entire economy. By and large, the fall in prices will be continuous. Falling prices are a good thing. They don’t mean depression, contrary to the propaganda that the state will push.

The propaganda from the state will say inflation should be at some small percent. They push this because they are the first to receive the new money. Their ability to purchase goods rises with the new money. This increase in demand will drive prices up. Your purchasing power will fall as a result. The change in the quantity of money disproportionately benefits the counterfeiters. The quantity of money shouldn’t change.

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