Uke 03
Kapitalistisk planøkonomi
Slik jeg forstår Saifedean Ammous i "The Bitcoin Standard" bryter alle land med prinsippet om det frie marked på det viktigste området: kapitalmarkedet. Kapitalmarkedet er sentralstryrt ved at sentralbanken fastsetter pengemengde og utlånsrente.
Fra "The Bitcoin Standard" side 118-119:
"We have a tiger by the tail: how long can this inflation continue? If the tiger (of inflation) is freed he will eat us up;yet if he runs faster and faster while we desperately hold on, we are still finished. I am glad I won't be here to see the final outcome"
—Friedrich Hayek
"Central bank planning of money supply is neither desirable nor possible. It is rule by the most concented, making the most important decisions in an economy under the command of the few people who are ignorant enough of the realities of market economics to believe they can centrally plan a market as large, abstract, and emergent as the capital market. Imagining that the central banks can "prevent", "combat", or "manage" recessions is as fanciful and misguided as placing pyromaniacs and arsonists in charge of the fire brigade."