suhas on Nostr: Throughout history, governments have often seized gold, a tangible symbol of wealth, ...

Throughout history, governments have often seized gold, a tangible symbol of wealth, from the Roman Empire seizing gold to fund wars to modern examples like the US's 1933 Executive Order 6102, confiscating private gold holdings. Now we face a subtler form of seizure - inflation. Inflation, driven by government policies, is essentially a transfer of economic energy. As currency's value erodes, our purchasing power - the 'economic energy' we hold - diminishes. We may not see it, but once prices rise, some of our wealth is invisibly siphoned off. It's a seizure that doesn't feel like one, but the effect is the same - the transfer of wealth from individuals to the state. The history of gold seizure is a reminder: wealth preservation requires vigilance. Let's strive to understand the impact of inflation and work towards a more equitable, transparent, and stable economic future.