There is no ‘free economy’ that’s a total misunderstanding of the world we live in. Governments rule by force and allow central banks to print money and local banks to apply FRB (fractional reserve banking) rules that create mass bank credit at incredible rates.
This sort of monetary inflation has been countered by tech innovation and the ability of businesses around the world to supply more and more and lower and lower prices – but even so, this is a silent THEFT of the peoples wealth - right out of everyone’s wallet … hence there is NO ‘free economy’ and yes, this IS why people around the world are suffering.
It’s not purely the fault of the people IN government either - it’s the fault of ALL those who keep using their fake money that allows such theft to go on and on. Hence we ARE ALL RESPONSIBLE FOR THE PAIN AND SUFFERING OF HUMANITY. Using their money allows the theft to continue and destroys ANY AND ALL prospects for a truly free economy.
Now, back to the point here. I don’t know if you saw the linke I posted in the other thread about the “economic calculation problem” … but IMO, it’s a good example of why only markets will be able to solve the problem of price discovery.
I humbly ask that you take some time to read up on it. You can simply google the term, but here are some links on the topic that I found for you:
A simple explanation of the calculation problem (10 minutes):
A detailed discussion on the debate surrounding the calculation problem (1.5 hours):
In the simple video he talks about how people under a socialist system (non-market system) will lie one way or anther for their own protection and or profit. The same would happen without a market in SAFE - people will modulate the resources they allocate to the network to drive the price mechanism to suit themselves - this puts network users at odds with network farmers.
There are innumerable use-cases for SAFE’s coin besides the use the network requires it for - hence the network will be fundamentally incapable of determining a suitable valuation of it.
That’s how I see it anyway. Maybe the Earth is flat and the moon is made of cheese and ideas don’t matter.