I like to search for the common denominator underlying seemingly different behavior. Understanding how money printing leads to so many of the ills in society today helped that process a lot.

But what underlies the goal of being able to print money? I think that common denominator may be avoiding personal responsibility, which _really_ means avoiding consequences for mistakes. Government-owned money printers are designed to ensure that no matter how much an individual, corporation, or government fucks up, someone can bail them out. (Think: lender of last resort.)

Since this is also the core distinction between the overall Left and Right these days, it begins to paint a clear picture of two viewpoints of the world: individualism and responsibility leading to hard money, or collectivism and safety nets leading to fiat.

"Too big to fail" was a perfectly apt term to describe the core of their philosophy.

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