- Small, focused government is good.
- Small, focused government is impossible with the power to print.
- Small, focused government is only possible with non-debaseable money.
I reject the false dichotomy all together.
- Small, focused government is good.
- Small, focused government is impossible with the power to print.
- Small, focused government is only possible with non-debaseable money.
I reject the false dichotomy all together.
Institutions can be established. I like DOGE. Imagine if DOGE was in the constitution and had real teeth, forcing strict limits on all aspects of the government. Without something like that, government is hard to constrain.
American government is pretty well constrained compared to other western nations because of the American spirit of right-wing Americans. But you and I may not think it is constrained nearly enough.
I"m not sure non-debasable money prevents governments from becoming bohemeth parasites. Imagine gold was in use. Government can still tax at 65%, and physically take your gold at gunpoint.
honest question, not snark 😀 do you know of a government that leaned towards bohemeth for any significant amount of time without fiat?
I can think of some examples that I would consider fleating like wartime or external plunder/colonization. But I can't really think of an empire that didn't maintained power outside of those temporary(?) scenarios that didn't rely on fiat debasement... I suppose even fiat has always been temporary... might be arguing myself in circles ha