Quote:
Originally Posted by Kuhb
Or welfare payment. But either way the currency is legitimated via needing it. It's not nice and a libertarian would want to destroy this situation via returning to a gold standard or creating cryptocurrency etc. But that's how fiat currencies work and they have their advantages: the government is the monopoly issuer of them and thus has effectively an unlimited supply, as we've just seen
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so you’re stuck in a labor camp living at welfare level?
please help me out here
i’m not a libertarian but i don’t want to be dictated to either
eta: originally i was referring to trust in the value of the currency to prevent hyperinflation but things suddenly took a dark turn with the threats of incarceration