Limitless Money and the Limitless Fed

2023-08-01

Economic exchange stands as the defining essence of any economy, epitomizing the intricate web of interconnected transactions that shape its very existence. In essence, an economy derives its essence from the culmination of individual exchanges. However, the profound impact of the crucial distinction between voluntary choice and coercion often goes unnoticed by many outside the realm of economic study. In this article, we delve deeper into the dynamics of economic exchange, shining a light on the transformative power of voluntary exchanges and the far-reaching repercussions of coercion on societal well-being.
Economic exchange operates along a spectrum, with voluntary choice on one end and coercion on the other. Voluntary exchanges occur when individuals willingly engage in transactions