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But Mr. Unexpected did expect a magical wizard to suddenly appear in front of him. You see, the thing about Mr. Unexpected is that he often expects things which are completely unlikely to happen.

For instance, one time he expected that saying the words “the economy will grow” would magically make it happen.

Of course, it didn’t. But that doesn’t stop Mr. Unexpected from expecting the impossible.

However, in this instance, the magical thing that Mr. Unexpected expected did happen — and a wizard appeared.

“Ah, Mr. Unexpected, I’ve been expecting you,” said the wizard.

“Where am I?” asked Mr. Unexpected.

ShakespeareanApe 7mo ago

“You have reached Expected Land,” replied the wizard.

“In this land, people don’t expect the government to create money out of thin air.

In this land, people expect that money has a fixed, expected supply.

In this land, people don’t expect the government to give them money. In fact, they expect to be responsible for their own money.

In this land, people don’t expect the government to take more money from them every year. In fact, they expect to keep more of their own money — because they worked hard for it.”

“Pffft” scoffed Mr Unexpected “I expect this land is a dreadful place to live. I expect everyone is poor and no one works because they can simply hoard their money instead of investing it. I expect there is also lots of crime as the government can’t simply print money to give to poor and old people, I expect that…”

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ShakespeareanApe 7mo ago

“Not at all” interrupted the Wizard.

Mr. Unexpected hadn’t expected the wizard to interrupt him. He usually expected people to listen to his pronouncements as if they were profound truths rather than baseless waffle.

“Come, I will show you what a land built on hard money and personal responsibility is actually like.”

ShakespeareanApe 7mo ago

Unexpectedly, Mr. Unexpected found Expected Land to be a place where everything worked and everyone was happy. Families and communities were strong because they needed to look after each other — and could preserve enough wealth to do so comfortably.

Mr. Unexpected didn’t expect there to be very little crime in Expected Land. He didn’t expect that people found it much more beneficial to simply provide value to society when they were rewarded in a hard asset that increased in value over time.

Mr. Unexpected didn’t expect business and technology to be more impressive in Expected Land. He didn’t expect that when people’s money held its value, they invested it carefully based solely on the merits of an investment — rather than in a blind panic to prevent their wealth from being eroded by unexpected money printing.

ShakespeareanApe 7mo ago

“How is this possible?” asked Mr. Unexpected.

“It is not only possible,” replied the wizard, “it is to be expected!”

“Please, please, can you make my country an Expected Land as well?!” begged Mr. Unexpected.

“Certainly. If you like, I can wave my wand and put your land on a sound money standard, but…” then the wizard unexpectedly paused for a moment and slyly grinned to himself…

“I will also give you a Big Red Button that allows you to print money again — just in case you want to.”

“I don’t expect that I would ever want to press that!” Mr. Unexpected chuckled nervously.

“Indeed, I don’t expect you would,” the wizard smirked knowingly, before waving his wand and magically transporting Mr. Unexpected back to his homeland.

ShakespeareanApe 7mo ago

As expected, everything gradually got better in Unexpected Land.

People were happier and worked harder as they were able to consistantly build their wealth.

Businesses and technology grew as this new wealth wasn’t wasted on unproductive uses.

Families stayed together and had more children as everyone could afford a nice home.

And everyone could afford a nice home because homes were simply places where you kept your children’s piggy bank and not the piggy bank itself.

ShakespeareanApe 7mo ago

However, as to be expected every now and then, an unexpected disaster happened.

A very bad storm blew through Unexpected Land, damaging buildings and destroying many people’s homes.

ShakespeareanApe 7mo ago

Everybody begged Mr. Unexpected to press his Big Red Button and print money to help fix the damage and cover people’s losses.

Mr. Unexpected paused for a moment…

And then — well, I expect you can guess what happened next...