Post
Topic
Board Economics
Re: the effects of fractional reserve on bitcoins value
by
crumbs
on 29/10/2013, 20:06:57 UTC
Please understand that the government is a form of regulation created by the free market.

This phrase is a self-contraction. If you don't see it that way, that's because you don't truly understand what free market means.
Hint: free market != market. The former is just a subset of the latter.
Ex: an assassination market doesn't belong in free markets.
Same thing for governments. Their coercive nature is incompatible with the premises of free markets.

No contradictions that i can see, read the quoted text again.
The free market created the suffocating government just like brewer's yeast created the alcohol which suffocated & killed it.
Always has.  Always will. 

That's going by your definition of the free market, where assassinations "don't belong."  They do if there's any demand and any supply.
But that's another topic Smiley

Finally, it's a bit odd that everyone is so eager to change topics away from fractional reserve banking -- the subject of both the post you are replying to & the title of this thread.