isaacsumner on Nostr: I believe in the separation of money and state because the effect of money printing ...

I believe in the separation of money and state because the effect of money printing is not felt until months or years later when a citizen goes to the store. At that point, most people will blame the store for the increase in prices. While the businessman may be greedy, this is a travesty because the businessman is actually providing a crucial service to the citizen. What's worse is the government that robbed the value from the currency will promise to fix the situation, accumulating even more power for itself.

And so, in a land of fiat currency, three things grow and grow: the power of the greedy and dishonest government, the citizen's animosity toward the entrepreneur, and the citizen's dependence on those who are constantly robbing them.

#separationofmoneyandstate