3 ms·
Normally I would say that printing more fiat currency isn't theft since it's usually done in a lawful manner. And since theft is by definition unlawful taking,
by greedo 10y ago
Normally I would say that printing more fiat currency isn't theft since it's usually done in a lawful manner. And since theft is by definition unlawful taking, then that wouldn't qualify. But inflating the money supply by 2-3 trillion dollars would be a generational transfer of money like we've never witnessed in the US.
- dredmorbius 10y ago1970s