Ergo, the exact reason it’s a horrible currency for the system.
It’s really just the infamous libertarian inability to consider the needs of the system as separate but still important and sometimes in tension with the desires of the individual.
It’s just a particularly goofy one because a deflationary currency very obviously cannot support an economy.
You're right, It is a horrible currency for the system. How would we prop up the military industrial complex and wars with foreign third world countries if we could no longer print money out of thin air? Just dreadful to think about.
Ergo, the exact reason it’s a horrible currency for the system.
It’s really just the infamous libertarian inability to consider the needs of the system as separate but still important and sometimes in tension with the desires of the individual.
It’s just a particularly goofy one because a deflationary currency very obviously cannot support an economy.