Granted on a sound money system. Under a fiat standard there’s an argument that it balances the injustices of the cantillion effect.
Discussion
It doesn’t, but it could seem that way in the surface.
I guess stealing is bad anyway you look at it even if to give to the poor. Better have a sound system.
For someone that only knows the fiat system it seems like the only “fair” way to balance it.
How do you compete against someone with access to the money printer otherwise? (Assuming you have no concept of sound money)