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MyMorningMacro
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Sound Money Advocate
Nobody expects it to happen until it does. We only recognize the history when we repeat it. Theft of your property and then a mechanism where this process is automated. After a few generations we feel this is how money always worked. That inflation is natural. “In the unhampered market economy, as productivity increases, prices tend to fall.” -Murray Rothbard —from Man, Economy, and State
“War is the health of the State”, but fiat money is its lifeblood. Strip a government of its central bank, and you have stripped it of its capacity for unlimited warfare. The cost of printing money!