Monetary Stability ~ Ethics of Money Production
World Crypto Network
Holtzman distinguishes two monetary stability concepts: physical coinage integrity (objective, ethically necessary) versus purchasing power stability (subjective, empirically undefined). Medieval authorities correctly prioritized composition; modern economists from Ricardo through Fisher wrongly pursued purchasing power stabilization despite its conceptual incoherence and 20th-century empirical fa

https://relay.towardsliberty.com/80220144c1de641fb6061dab2e9cd1af4adc013ea2076e610e1a317b6dd3237f.mp4