There are only three ways to fund government:

1. Taxation — take money from citizens directly

2. Borrowing — take money from future citizens (debt)

3. Printing — take purchasing power from all citizens silently

Option 1 has a political limit. Raise taxes too high and you get voted out or face revolt.

Option 2 has a practical limit. Borrow too much and interest payments consume the budget.

Option 3 has no obvious limit. Most people do not understand monetary mechanics well enough to identify who is taking from them. There is no line item on a bank statement that says 'Purchasing Power Loss: -7%.'

This is why every government in history eventually converges on option 3. It is the path of least political resistance. And it is the primary reason Bitcoin exists — to give individuals the ability to opt out of option 3.

The Federal Reserve was created in 1913. The dollar has lost 97% of its purchasing power since. This is not a failure of the system. It is the system working exactly as designed.

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