reidwalley on Nostr: Every nation on Earth went off the Gold Standard so they could inflate/manipulate ...
Every nation on Earth went off the Gold Standard so they could inflate/manipulate their fiat money supply.
This was not to help the working class, this was to help the government. Inflation is a hidden tax on the proletariat.
Inflating the money supply destroys the purchasing power of the working class, while at the same time boosting asset values of the rich.
Inflation/manipulation of the money supply *is* the problem.
This was not to help the working class, this was to help the government. Inflation is a hidden tax on the proletariat.
Inflating the money supply destroys the purchasing power of the working class, while at the same time boosting asset values of the rich.
Inflation/manipulation of the money supply *is* the problem.