5 ms·
> "the market’s ability to self-regulate" The market is artificial. For an example it it operates (largely) within constraints that are external - laws. Modif
by freddybobs 4y ago
> "the market’s ability to self-regulate"
The market is artificial. For an example it it operates (largely) within constraints that are external - laws.
Modifying the money supply is a lever that can be used to achieve goals - such as a desired inflation rate.
Whether its a good idea or when and how is the appropriate way to use it is another question. Implying it is bad because it is "artificial" begs the question of what's "natural". The market is clearly not natural.
- jteppinette 4y agoWhen discussing price, supply and demand is a natural way to reach the most efficient answer. Alternatively, price fixing, results in market failure.
- orwin 4y agoThis isn't really true in the real world, but even if it were, here GP is talking about limiting supply and not price fixing.
- scottiebarnes 4y ago> The market is clearly not natural. OP probably meant "more free-market / laissez faire" vs "less free-market / centrally planned".