entity · derived
Economic friction
Derived node: assembled mechanically from the claims carrying economic-friction. A roster, not an adjudicated definition.
Every claim under this term
- 3402701-025 : Defining the energy of money as the product of economic momentum and velocity gives a basis for discussing economic frictions and for distinguishing genuine from artificial network energy, which is wh
- 3402701-027 : Holding taxes are the implicit result of inflation borne by coin holders, and they should be set to account for the inefficiencies of the economy rather than the inefficiencies of maintaining the curr
- 3782201-016 : Middlemen such as police, lawyers, and insurance salesmen are the catalysts that exist to overcome the friction of economic corruption, and engineers who eliminate them mistake the catalyst for the fr
- 3782201-018 : Removing the middlemen who serve as business catalysts would kill the economy: liquidity would dry up because after a few people unfairly lose on business deals, no one will take the risk of initiatin