The free market lets the unseen hand work, and the hand is much smarter than the elitists who want to control things centrally.
What you write about QE I think is true, but it does not have the effect you cite. The money manipulations by the elitists generally lift or lower ALL boats in the bodies of water they affect, bothering both free marketers and elitists. They steal money equally from both.
It is very bothersome, but it does not prevent a free market in our locality of these USA from being a very good thing.
Our body of water (these USA) can behave either more free market or more fascist (elitist/central control), and the results will be better and more just with free market, with individuals and families allocating their limited resources as they see best instead of as they are forced to do by central control.
Free market principles always work better unless they are targeted for failure by elitist laws, such as allowing health savings accounts but hamstringing them with distorted rules and regulations that prevent them from being used properly by the free market. Then they might seem not to work and the elitists love to point to the failures they themselves actually created to try to disparage the free market.
So we should not stop trying for free markets here, even if we cannot fix (presently) the money manipulations that make international free markets “impossible.”
Yours is the better rebuttal. But it relies mostly on momentum and a desire to believe in normalcy, though you do admit QE probably has destroyed money’s meaning (rephrase).
As for locality and USA, and not wanting to change the subject, but oil comes from outside. 20 million bpd burned in the US, and we produce only 9.5. The rest comes in, paid for by meaningless money. What happens when a decision is made to insist on something other than meaningless money to pay for the ultimate meaning, civilization’s lifeblood, oil.
This all just further undercuts money and what it defines for a free market that is alleged to be the solution to healthcare.
No way.