… for price stability is to make possible the completion of production cycles. It isn’t clear that there are any production cycles other than those that force rent seeking that are longer than an economic cycle. Especially rental, lease, and mortgage agreements. …
Source date (UTC): 2020-04-22 20:11:00 UTC
Original post: https://twitter.com/i/web/status/1253053712303640581
Reply addressees: @judicialist
Replying to: https://twitter.com/i/web/status/1253053163709530115
IN REPLY TO:
Unknown author
@judicialist And one can not possible make the claim that he has the right to price stability of a commodity – money included. What he can do if he wants a gold standard is continuously convert fiat money into hard money holdings (which is how the oil business functions). The only reason…
Original post: https://x.com/i/web/status/1253053163709530115
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