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A comment on Central bankers rethink their devotion to slaying inflation. Parent comment

Re:Central bankers rethink their devotion to slaying inflation by jamoes on Sunday December 23, 2012 @09:03PM (#4961519)
> Inflation is stealing

This cannot be overstated. All other points the monetary scientists try to make are simply distractions from this core point.

Inflating the money supply is the literal theft from everyone holding that money.

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Re:Central bankers rethink their devotion to slaying inflation by maeon3 on Wednesday December 26, 2012 @08:09AM (#4969114)
So true, The fact that smart people are defending inflation is a testament to how thorough the media machines are at tricking people into thinking theft equals productivity. I hope bit coin or something equivalent takes off. I just want to see the look on the Federal Reserve's face when they realize they can't steal any amount of money immediately from every holder of wealth.
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