THE PROBLEM: INFLATION VS SHORTAGE OF MONEY It’s not clear that inflation that d

THE PROBLEM: INFLATION VS SHORTAGE OF MONEY

It’s not clear that inflation that does not impact the production cycle (usually in months) is meaningful. It’s certainly clear that the central problem of pre-modern economies is the shortage of money. Even today, governments that cannot make use of fiat money as a debt instrument against future returns is at a severe disadvantage against those that can.

So as in most things ‘libertarianism’ is middle class marxism – meaning a monoply one-class view of the world – instead of historical european Trifunctionalism of elites and Tripartism of the Classes where each class had obligations to one another, as do ranks in the military to which they were all de-facto members because of the need for militia given the territory, trade routes, ad difficulty in concentrating capital in territorial europe as well as the pontic steppe.

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