this post was submitted on 22 Apr 2024
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A Boring Dystopia

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[–] orrk@lemmy.world 1 points 6 months ago (1 children)

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.