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True freedom in a market means individuals are at liberty to judge what is valuable to them without a central authority dictating prices or utility. 3. Capital, Time, and the Freedom to Plan gia bawerk free

If you offer someone the choice between an apple today or an apple in one year, almost everyone chooses the apple today. To convince someone to wait for the future apple, you have to offer a premium—maybe two apples, or an apple plus some money. That premium is the interest rate. If "Gia Bawerk Free" refers to a specific