It is government monetary policies that destabilise money markets. The kind of instability that exists now did not exist when the gold standard prevailed. That is because under the 'rule' of gold governments' inclinations to inflate their currencies were strictly curbed. Tanner, unable to think for himself, repeated Soros's circular reasoning that because prices fluctuate because of expectations about future events that are shaped by the very same expectations resources cannot allocate to the margin. What Soros overlooked is that it is individuals that make the decisions to invest or disinvest, no matter how they have been influenced.
Expectations are individual subjective evaluations.
When an industry starts making profits, it attracts investment until the profits are competed away. Conversely, when an industry starts making losses it loses investment. By this means does the market bring about an equalisation of returns at the margin, something that even Marx admitted. This means by definition that these factors will be employed in their most valued use, i.e., efficient line of production. From this we can deduce that the economic performance of those countries with the freest factor markets would be superior to those countries with a greater degree of intervention.