Benewing on Nostr: The thing that most people miss when they say that the government is diluting your ...
The thing that most people miss when they say that the government is diluting your purchasing power by printing money is that the value they print is not just gone, it is used to provide government services like hospitals, schools, defence, roads and other stuff. Ok, a lot of that is done inefficiently, but a lot of it is also kind of essential and it’s probably better to be done inefficiently than not done at all. Or ok we could have things like a private defence force but then everyone has to pay voluntary contributions of $5000 per person for it to be effective.
Published at
2024-09-16 01:08:52Event JSON
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