To own justly is to have either produced or received through voluntary exchange.

But exchange itself depends on having something to offer and thus on prior production.

This makes production the root of all legitimate ownership.

Fiat money severs this link: it grants power to consume without the act of producing.

Hence, it is not just morally corrupt, it is objectively false.

#naturallaw

#proofofwork

#value4value

#rothbard