top | item 32535511

(no title)

smashem | 3 years ago

> National governments are the source and the only legal creators of money.

And those closest to the money printer benefit. And hint, the average joe is furthest from the printer. The future of the average joe is stolen via currency debasement and inflation, but those closest to the printer get richer.

discuss

order

pessimizer|3 years ago

It's people who hold debt who are robbed by inflation, not people who are in debt. The entire political program of the people closest to the money printer is to reduce inflation (and to lower government debt without changing the balance of payments, which by necessity shifts that same debt to individuals.)