4 ms·
That's true, but market misallocations do eventually correct (recessions). Government mandated misallocations can go on for decades without anything to naturall
by nvm0n2 3y ago
That's true, but market misallocations do eventually correct (recessions). Government mandated misallocations can go on for decades without anything to naturally check them.
I'm not sure what you mean in your second paragraph. Keeping the monetary base stable is eminently possible.
- naveen99 3y agoYou can owe yourself (your future self) money. You can keep energy in reserve or burn at a greater than sustainable rate (give a 110% in nba speak).