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63 sats \ 0 replies \ @fiatbad 27 Oct \ on: Money Isn't a Measuring Stick, Idiots (TDE, Pete Earle) econ
There are a lot of statements in your post, but very little explanation... very little "why".
I want to give your thesis a chance, but your post gives me nothing except "trust me bro".
I know the world would look very different on a hard money standard.  Keynesian economics would have to be thrown out of the classroom and replaced with new models.   Then, after a few decades of Austrian-like schooling, watching the world run just fine, people will be screaming how stupid it was to think money wasn't a strict measuring stick.
I feel like your thesis only makes sense when you're within the current system.  It's perception bias.
I'm open to digging into the details, and changing my mind on it if you have something of substance to offer.