In a few of our previous articles, we commented on the expansion of the money supply and its dire effects on freedom and privacy. Namely, that the expansion of the money supply, that is not tied to a concomitant generation of wealth, is one of the greatest threats to our liberty. We only have to point to the Weimer Republic, Argentina, Venezuela and so on, where high inflation resulting from artificial money supply expansion, led not only to greater poverty for workers but also indirectly to the loss of their freedoms. What we will try to do in this article is outline the connection in as simple terms as we can, along with the necessary background. We will use the US as a model since it is obviously the “elephant in the room.”
The Connection between Sound Money and Freedom
The Connection between Sound Money and…
The Connection between Sound Money and Freedom
In a few of our previous articles, we commented on the expansion of the money supply and its dire effects on freedom and privacy. Namely, that the expansion of the money supply, that is not tied to a concomitant generation of wealth, is one of the greatest threats to our liberty. We only have to point to the Weimer Republic, Argentina, Venezuela and so on, where high inflation resulting from artificial money supply expansion, led not only to greater poverty for workers but also indirectly to the loss of their freedoms. What we will try to do in this article is outline the connection in as simple terms as we can, along with the necessary background. We will use the US as a model since it is obviously the “elephant in the room.”