As a fully retired person I know what it feels when your savings are debased ..

That said , government does get few good things done by debasing super rich .. roads , infra , education to name a few .. but it becomes bad when they spend on wars .. over all I guess the balance is now shifted towards deflationary savings ..

One may argue , that world has seen rapid growth in tech , quality of life etc with inflationary fiat system .. it incentives risk taking on credit .. thus leading to more entrepreneurs realize their dreams ..

Hence both options must coexist .. there is no "one" financial system that may solve all the problems .. Truth is always near the center ..

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