3 ms·
If the immorality of theft is of no concern to you then perhaps any of the following reasons may jive a little bit better with your ethos: 1. Destruction of sa
by wesammikhail 2y ago
If the immorality of theft is of no concern to you then perhaps any of the following reasons may jive a little bit better with your ethos:
1. Destruction of savings
2. Distortion of price signals in markets
3. Impoverish those on long term fixed/low income
4. Creates massive inequality especially inter-generationally
In my estimation however, if you really have to ask about the benefits or downsides of theft then you've already started at the wrong end of things.
- LargeWu 2y agoAre you equating inflation with theft? Low, stable inflation is a natural phenomenon in a growing economy, largely a function of market forces.
- zo1 2y agoSo we all came together, agreed on a shared store of value, then said no one can "poof it" into existence, and then gave said power to only a single entity that now makes more of it without doing anything and we're all supposed to think "that's normal". It's not theft, but it's not that far off from it. But at this point, we've normalized things like "taxes" anyways, so peoples' definition of theft doesn't align with reality, so why would it be different when it comes to printing of money. Everyone is just post-rationalizing about this because they can't cope with the logical inconsistency of the world they live in.