2 ms·
Okay. I don't see how you make the logical leap from "this monetary policy has harmed me and benefited people I don't like" to "this is not righteous".
by afarrell 6y ago
Okay. I don't see how you make the logical leap from "this monetary policy has harmed me and benefited people I don't like" to "this is not righteous".
- cryptica 6y agoPrinting of fiat money and injecting it into the economy through big government contracts and bank loans has mostly benefited large corporations. Because of their front row access to all this easy money, corporations and a handful of big VC-backed unicorn startups have had an upper hand in the market (see Cantillon effect) and they were (and still are) in every industry; this made it impossible to start my own business no matter what industry I went into. Also, I did some open source work, launched a popular project and corporations got into open source too and destroyed all possible business opportunities for me. Corporations couldn't even keep their hands off from open source. It seems that my project was blacklisted/censored somewhere because no corporation seems to have ever used my project in spite of the fact that it's very popular with startups and independent developers. I got 0 consulting contracts from any big corporations. I had discussions with some corporates who backed out in a very suspicious way for no apparent reason. And also, as a software developer I was harmed through the ongoing bureaucratization of the tech industry by big corporations and the startups who mindlessly copy them; I've witnessed the introduction of more tools, more processes and ever decreasing productivity in the industry. I could go on and on for hours about all the problems I've encountered and most of them link back to corporations and their upper hand in our fiat monetary system due to Cantillon effects.