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The opinion that charging people out the nose for basic necessities is a bad way to allocate resources isn't the same as being "opposed to money"
by hannasanarion 7y ago
The opinion that charging people out the nose for basic necessities is a bad way to allocate resources isn't the same as being "opposed to money"
- numbsafari 7y ago100% Correct. Money is still really important, but it’s dishonest and counterfactual to argue that mere access to liquidity can determine the clearing price for a market. We know it doesn’t. That’s why we have the Fed.