Published: 2021.06.21. Why inflation is a danger to freedom

Why inflation is a danger to freedom - Preview

States have a monopoly on the production of money. Not because they consider their money to be the best for citizens and entrepreneurs, but because it serves the interests of the state especially well: control over money provides the state and corporations with far-reaching privileges to implement their plans.
First of all, the state receives loans at low interest rates from its own Central Bank. With this inexhaustible source of money, the state can buy its followers and thus freely penetrate into all spheres of economic and social life. The state monopoly on money is an extremely sharp sword, with the help of which even a small state sooner or later becomes a state with ambitions.
As a monopoly, the state spends not gold or silver money, but fiat money, which is not backed by anything and can be increased by any amount at any time. But how did the government manage to get people to accept their inflationary money?
The authorities can spend inflation money with impunity only if the public either does not notice the inflationary effects of public money, or if people find the inflation rate acceptable. The state, therefore, must manage to hide the inflationary nature of its money from the public, or, most likely, it must not go too far in devaluing its money: fraud must not be exposed too early, and society's tolerance must not evaporate too quickly.
Many governments are working on a "Big Reset": people should not shape their fortunes in a system of free markets, but should obey national or supranational guidelines. What could be more obvious to those who want to make humanity their subjects than using inflation to assert a long-awaited tyranny? An inflationary project can be successful if the citizens of the state look for a savior from their problems. However, the authorities' project may fail if the majority of the population does not obey global plans for the neo-socialist rebuilding of the world. Therefore, the use of fiat currencies should be minimized to values ​​that are necessary in everyday life for regular payments.