This is the general argument that pitted austrians against monetarists. The hamster wheel that we hate is the result of the neo-liberal abuse of monetarism at the expense of everyone but the state.
Source date (UTC): 2020-12-26 20:26:13 UTC
Original post: https://twitter.com/i/web/status/1342929733701562368
Reply addressees: @bryanbrey @saifedean @R_Tyler_Smith
Replying to: https://twitter.com/i/web/status/1342929093306757127
IN REPLY TO:
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@bryanbrey @saifedean @R_Tyler_Smith The harder the money the more of growth is extracted by savers, the less by innovators, entrepreneurs, and workders. IOW, hard money produces private sector rent seeking.
Original post: https://x.com/i/web/status/1342929093306757127
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