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A comment on How Far Does $1 from 1999 Go Today?. Parent comment
Every time a special interest gets funded, everyone else holding that currency loses purchasing power.
The power to print money arbitrarily is (quite objectively) the to power to levy taxes without going through the democratic process.
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Every time a special interest gets funded, everyone else holding that currency loses purchasing power.
The power to print money arbitrarily is (quite objectively) the to power to levy taxes without going through the democratic process.