hawaiisatoshi on Nostr: „We will never be able to prevent inflation as long as we do not take away the ...

„We will never be able to prevent inflation as long as we do not take away the monopoly of money from the government. Governments have never given us good money, yes the justification for the money spending monopoly of the governments was not even that they would give us good money, but always only the one that they needed it for financing purposes. The result was that for two thousand years we had a monopoly that no one questioned. So if we want to maintain a free society, we have to redesign democracy and take away the government's monopoly on money spending." -Friedrich August von Hayek

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