Government deficits and debt financing through the expansion of the money supply are theft from future generations. Their consequence is the dilution of the purchasing power of the currency.

We are taught in finance not to spend what we don't have. In other words, never use debt to buy what you currently can't afford to purchase with savings. Yet, the government does it all the time.

It's time we get on a hard money standard that keeps this type of activity in check.

Gold is not the solution.

#Bitcoin is better.