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We moved to fiat because politicians like the indirect taxation through inflation. It's free money for them, what's not to like?
by toenail 2y ago
We moved to fiat because politicians like the indirect taxation through inflation. It's free money for them, what's not to like?
- twodave 2y agoThat is not why we moved to fiat. It may be a consequence, but there are also seriously consequential checks against doing it too freely.