Debating in bad faith
You:
Stranger: Price signals are generally an effective way to convey economic information and ensure economic efficiency
Stranger: Why are price signals not good?
You: because you demonstrate that prices do convey accurate economic information we can call efficient.... I mean reason I pointed to crypto is because that is an example of why you are wrong. the price along made lots of people lost lots of billions just because they looked only at the price.
Stranger: Do you know what a price signal is?
Stranger: So you like free markets but don't believe that an indexing of signaling between consumers and producers - a price signal - conveys valid information
Stranger: So you're not really a capitalist?
Stranger: So how do you allocate information in an economy then? What's an ideal methodology?
You: well conveys valid information but your statements says that the price alone ensures economic efficiency.
You:
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