Three words: Federal Reserve's Inflation,(reply>), @Motoryzen most us debt is internal, China wouldn't ever invade lmao, and the fed already printed like 3 billion dollars in 2020 and nothing happened. As long as the dollar controls global exchange, we're fine,(reply>), @alfprieto lol. 1. That's not a real solution.  You're killing your GPU, it GPUs in the HOPE you.get a fraction of a bitcoin.  You'd have an easier chance playing the slot machines at a casino trying to win 10s of thousands of dollars; another asinine choice. 2.  There is no hiding anything from the system.... The electric eye. They will always find out and tax the people. This is why cash is king one way or another...unfortunately.,(reply>), @omegadan - I appreciate your response, but, of course, I disagree with most of its claims.<br><br>I may have missed your response to the assertion that Keynesian economics has failed everywhere it is practiced and Modern Monetary Theory is both immoral and leads to inflation. Inflation cannot be controlled by the Feds, by the World Bank, or by any manner of central planning - the Great recession under Obama was a direct result of the implementation of these failed policies...and it lasted for eight years. Inflation was higher than the 2% throughout those eight years and the real value of the currency dropped even higher. The economist, Thomas Sowell, provides remarkable insight into how economic gerrymandering caused the recession and its historic duration.<br><br>Secondly, the devaluation of currency is never a good thing. If it were, then as a test, would not the currency worth of zero be more beneficial? Of course not. Reason would have you maintain the value of currency with little to no fluctuation, but the foolishness and arrogance of centralized planners believe that they can act as God and control every aspect of the economy. Friedrich Hayek provides ample evidence and historical refutation of this fallacy. <br><br>Lastly, in support of the last paragraph, no planner, or committee of planners can replace the collective knowledge and wisdom of the consumer. The consumer and his dollar is the great Democratic equalizer in developed societies, and that is why totalitarians worldwide move first to control their nations' economies. Venezuela is a prime example of this fact, and we are seeing a renewed totalitarianism in China as their failed planned economy implodes and their peoples wealth evaporates. Inflation destroys the hard-earned, created wealth of the citizen and puts it into the hand of the parasitic classes, i.e. politicians. Those are but a fewreasons to reject the notion of the benefits of inflation and its manipulation by big government tyrants.,(reply>), @Don Quijote I appreciate your well structured arguments, but I do have rebuttals/explanations for you claims:<br><br>the inflation rate targeted by the Fed is 2%.  Having a small I flation rate like this does reduce the value of money over time, but with the effect that people are less inclined to save money and to spend it sooner rather than later.  <br><br>This inflation is not caused by printing money, but by modifying interest rates.  Inflation is not the increase in total money, but the amount of money in circulation.  The fed could set Target rates to 0%, but this would still require the active involvement of a central bank to cause.  If there were no central bank there would be much larger swings from high inflation to deflation naturally.  This would cause more instability.<br><br>Also interest rates themselves on loans make sure that the real cost of debt still increases over time, despite inflation.  If lenders were not making "real money" they would not be lending it.  If a lender wants the real coat of debt to decrease less and counteract inflation even more, he would increase the interest rate on a loan.<br><br>Having inflation also incentivizes this lending since in disincentives saving it, it is better to invest to have money in the future.  This is good for the economy as a whole since investment drives real growth in an economy.  So this is actually beneficial policy to everyone, not just the rich and powerful.  <br><br>Obviously, being rich and powerful means you have more money to loan and therefore can make more money.  This is inherently unfair and a product of capitalism, but things like estate taxes and public education can help counteract this by evening the starting field for people to invest with.  But this phenomenon on benefiting the rich would happen moreso without these policies, which are typically considered leftist.,(reply>), Fake money + Trade restriction + Licensing + Minimum wage + Cronyism + Forced unemployment with excuse of beer