It is distortion because the flow money of money is information. It makes the economy aware of where to assign resources. In this information network, the printing of money is adding noise to the signal. Making the economy less efficient.
You make it sound like there is an "undistorted" market yearning to breath free if only government would let go. This is quite ideological, hidden in that one word.
Does the role of government in law enforcement and armed forces that that allows markets to exist in the first place also fall under the category of "distortion" in this absolutist framing?
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It is distortion because the flow money of money is information. It makes the economy aware of where to assign resources. In this information network, the printing of money is adding noise to the signal. Making the economy less efficient.
You make it sound like there is an "undistorted" market yearning to breath free if only government would let go. This is quite ideological, hidden in that one word.
Does the role of government in law enforcement and armed forces that that allows markets to exist in the first place also fall under the category of "distortion" in this absolutist framing?