Yes, of course. Next time it will work, Comrade!
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Nope. To him, prices are just symbols of greed: lower price=less greedy; higher price=more greedy.
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Just like capitalism.
Bwahahaha… Mises wrote most, if not all of his major work from a gold-standard p.o.v. of the economy. But since he is a hero of yours, you have to pretend that his economic suppositions apply in a fiat economy.
Well since you’e such an expert, tell us why did the USSR financially implode? Because they were communist.
Because without a price system, the allocation of capital, goods, and resources is impossible. Price systems cannot exist absent voluntary bidding for such things, genius.
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Capitalism is the freedom of exchange among consenting market participants, something you’re opposed to because you need mommy government wiping your ass because you’re a failure in life.
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Mises desired a free market in currency, the use of forced legal tender laws (at gunpoint, like everything you advocate) doesn’t negate his theories surrounding a price system you clown. A fiat currency system, for the 3,786th time, does not alleviate or abolish scarcity. No wonder you can’t get a real career. You’ve never even read a Mises or Rothbard book, at least I’ve read Das Kapital and The General Treatise, you uninformed embarrassment.
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He has never been able to grasp this. He believes that if you print eleventeen-trillion-billion dollars, the price and supply of goods will remain the same. So, it’s pretty obvious why he likes this theory: there is no downside, in his mind.
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It amazes me that idiots, like him, think that increasing the number of medium of exchange units increases productive capacity. He is obviously clueless about the distortion in asset prices which leads to poor investment decisions due to artificial capital pricing, all from central planning.
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The rules of the fiat system are not mine. They just are.
Maybe we should just go back to the gold-standard?
If people are able to buy more things will companies NOT increase supply to make more profit, nah probably not. You’re right.
Were the people in charge or the government?
If supply keeps up, then yes.
Yeah right!
God damn, how gullible.
You probably don’t know this, but people are in charge of the government.
It’s obvious you couldn’t read a balance sheet; why make an ass of yourself?
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Called gullible by a failure in life who thinks debt demand is infinite, lol. Government debt is different according to you (it’s not). So tell me, genius, why did rates on Treasuries skyrocket? I thought it was an inelastic demand curve. Quick, try Googling something you don’t grasp.