• orrk@lemmy.world
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      5 months ago

      And why does monetary debasement happen? you use it like it’s just something some evil person did to harm you. when in reality it’s a necessity to counteract wealth hoarding.

      The Libertarian fever dream of a society without inflation, or straight up wealth taxation can only lead to the creating of a new aristocratic dictatorship, because eventually a small group of people would own everything, literally recreating feudalism.

      • SwingingKoala@discuss.tchncs.de
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        5 months ago

        And why does monetary debasement happen? you use it like it’s just something some evil person did to harm you. when in reality it’s a necessity to counteract wealth hoarding.

        Ah, another rich, privileged asshole. Inflation hits poor people the hardest, they have nothing to invest, they have no surplus money to absorb increased cost, they have no bargaining power with their employer.

        • orrk@lemmy.world
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          5 months ago

          they have no bargaining power with their employer.

          now that is entirely your fault for not being part of a union, the magic thing that actually got the working man everything he has, literally. and no, inflation hits the wealthy the hardest because they have more actual savings, it affects you heavily because you are a good little drone and drank the liberal coolaid.

          what is the alternative in a world where people can amass money without anything reducing the real value of said wealth? Entire cities owned by one person?