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Joined 1 year ago
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Cake day: October 15th, 2023

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  • Yeah it’s very complex. I do agree that if actual competition were present, prices would adjust, but if the money supply is high then prices inevitability increase no matter how many firms are in a market. If the money supply is fixed, then 100% agree having caps on firm size would drive competition to a lower equilibrium since more firms would be introduced (assuming raw supply would be reached)

    I think this is the hard part of having a money supply that in theory is infinite, it makes balancing macro equations a fool’s errand or always passed off to future generation which is also delusionally hopeful

    But since this is our reality, we must deal with it


  • So reading the about section, a problem with the < 1billion USD criteria is a billion USD was a lot of money 10 years ago, a hell a lot of money 20 years ago and about all the money that existed in the world 70 years ago - due to a rapid increase of the money supply since Bretton Woods failed. It’s a changing supply that tightens and loosens as central banks try to influence macro policy

    I do get the sentiment and the desire to keep corporations in check since uncapped growth leads to corporations out growing major countries’ GDP

    I’ll think on it some more and see if there could be something more timeless or stable