2min chapter

The "What is Money?" Show cover image

Wokism as Mainstream Marxism with Angela McArdle (WiM269)

The "What is Money?" Show

CHAPTER

Is the Debasement of Fiat Currency a Violation of Private Property Rights?

I think that people really just don't understand how the dollar works. And it's incredibly frustrating when the explanations for this get kind of crowded out by arguments about greed. But generally, I think it's, you know, like inflation hurts our money. It damages our purchasing power,. Our goods, our savings, everything that we own diminishes in value every time more currency is printed.

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