Something that should be a red flag... every single time someone talks about how "sound money is bad for the economy," they point to price collapse caused by massive unrestricted debt creation.... which happens to be the single most obvious and ubiquitous product of fiat money.
Literally.
Every.
Time.
It isn't a coincidence that the people who print money tell you that money they can't print "iS dAnGEroUs."
100%. It‘s like saying exercise isn’t a good thing because then you can’t eat tubs of ice cream
That's how they keep you under control
1. Tell person that sound money is the foundation of a healthy and abundant society.
2. Person points out that with sound money, we wouldn’t be able to “stimulate” the economy like we can with fiat.
3. Ask person if they think that a materialistic society focused on consumption of low-quality, consumer goods is good and healthy.
I think this helps people realize the association between the “stimulation of the economy” via money printing and cheap consumerism. Regardless of people’s understanding and views on economy, I think most people realize that goods are getting worse and companies want people to just keep consuming.
It’s like blaming gold for the Great Depression
Blaming everyone but the Fed.
The money supply must be elastic, so we can expand the money supply to combat the inevitable financial crises caused by an elastic money supply.
The crash comes from debt. The debt comes from printing.
Inflators destroy the value. Then they warn that sound money is dangerous.
This is a sales pitch.
They sell you a solution to a problem they created.
Ignore them. Use money they cannot control.
