> can ever voluntarily give it up. it's going to be more of a quiet whimper a bunch of pampered, skillless, usurious skimmers feeling pretty uncomfortable, is my prediction people who work already will be just fine deflation and inflation and other economic terms are fucking meaningless when one class of persons has first access to and is being paid for the issuance of any newly-created currency. money does not mean the same thing or have the same scarcity (or have the same value) for all persons in the economy. as some do not earn their money (via real productivity), money is more liquid and less valuable for them, as they have exclusive first-access to the newly-issued currency and they also decide to whom it is allocated via our current debt-based nyfed primary dealer financial system. as long as we have a cartel of private banks getting paid to issue the currency, the federal reserve note will lose even more value for those of us that truly do earn it via productivity. it is those of us working that choose to prop up this class of parasitic, skillless invalids debauching our currencies worldwide via the federal reserve and its increasingly-worthless private currency, the federal reserve note.
United States