Libertarians and anarcho capitalists: Why do you presume to have some right to t

Libertarians and anarcho capitalists: Why do you presume to have some right to the preservation of purchasing power of any asset of any type instead of normal market competition? Why do you presume you have some odd right to the constant value of commodity money, fiat money, money susbsitutes, debt instruments, interests in assets, or any other asset? To try to engineer that is just rent-seeking. If instead you’re purchasing power (asset) is invested and working at some sort of risk, then you aren’t engaging in rent-seeking.

(if you don’t know what rent-seeking its then look it up.)


Source date (UTC): 2023-10-17 14:29:58 UTC

Original post: https://twitter.com/i/web/status/1714287642014281728

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