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0 sats \ 5 replies \ @SpaceHodler OP 28 Jul \ parent \ on: Monetary inflation is NOT taxation econ
But why is it an issue?
Do you think the world would be a better place if everyone were allowed to print dollars or change the USD ledger?
Just the fact someone can do that makes it unfit for the purpose, regardless of whether it's one person or 8 billion.
You're asking why it's different than potatoes, and I'm saying that's why.
The world absolutely would be a better place If anyone could create USD since it would massively accelerate the transition to a hard money system.
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Anyone can print Monopoly money, so we already have something that matches the level of shittiness you want a money to have.
You just need to convince everyone to switch from US dollars to Monopoly dollars, and then people's transition to a hard money system will accelerate.
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You seem to be missing my point completely..
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I understand you want to control outcomes, just like the left wingers do.
People will use what they want to use. You can only influence their decisions by adding products to the market, not by taking someone else's products away.
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Another reason the Fed's monopoly is not that relevant is that it could be achieved without coercion anyway. If the physical features like watermarks are not enough, the issuance of dollars in digital form could be secured with cryptography.
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