I am philosophically opposed to a system where by intentional design, everyone’s money is debased continuously. It’s weird and immoral. You are forcing everyone to be a mini-hedge fund manager, or hire someone else to be one for them, to avoid the government-decision of destroying your wealth. It’s just stupid.
You can have an economy with a single dollar, if it can split far enough. Printing new money isn’t increasing the total amount of wealth in the world. It is redistribution.
You can have an economy with a single dollar, if it can split far enough. Printing new money isn’t increasing the total amount of wealth in the world. It is redistribution.