Already in school, I wondered how on earth anyone could seriously believe that the price of all goods and services should be determined by the market, but the price of the most important good (money), which accounts for 50% of trade, must be centrally planned. You have to ignore all logic to seriously believe that.
Respect! At that time my mind was just antikapitalistic/psychotic focused on being cool to impress tha girls. 😅
I already took advanced economics in high school. Many things just didn't make sense, but I have to admit that back then, I thought it must be correct somehow and that it was my fault. Something so fundamental must be properly and fairly constructed; otherwise, more people would question it.
I was so glad when I discovered the Austrian School of Economics and my doubts finally made sense.
My Keynesian-based economic courses glossed over monetary theory and impact, and I wasn't smart enough to question why until Bitcoin forced the issue. Hats off to you for getting to reality and truth quicker!
Thanks. The problem is that while I questioned the logic, it wasn't until I discovered the Austrian School of Economics that I realized I was actually right.
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