2 ms·
May as well replace "libertarian" with "global" or "historical". See hyper-inflation (e.g. Germany in early 20th century and others now) or government takings
by kbutler 9y ago
May as well replace "libertarian" with "global" or "historical".
See hyper-inflation (e.g. Germany in early 20th century and others now) or government takings like Zimbabwe confiscating farms.
If you think it can't happen in a modern democracy, see https://en.m.wikipedia.org/wiki/Executive_Order_6102 https://en.m.wikipedia.org/wiki/Executive_Order_6102 where the US outlawed private ownership of gold in 1933 to enable debt reduction by devaluing the currency.