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2025-06-13 20:20:21 CEST
in reply to

Hanshan on Nostr: Rothbard generally seemed to come back to gold as his "naturally limited money ...

Rothbard generally seemed to come back to gold as his "naturally limited money supply"
so 2-3% supply inflation wasn't a concern for him.

I'm critical of the "maximum deflation is gud" argument because deflationary conditions penalize the investors of capital.