“ They really aren’t. A currency is only worth anything if normal people are willing to trade them en masse. For the majority/normal people to trade them en Maße there needs to be an universally agreed upon use for them. A use that taxes give, since no matter who you are, you must pay your taxes in the state issued currency.
Crypto and other alt currency tokens are worthless by definition”
https://reddit.com/r/technology/s/TTK0bCHDDN
Don’t necessarily agree with it, but I get why someone would have that take.
Inflation is a leftist invention. It’s caused by infinite printing of currency.
All you have to do is not print more currency than you have money.
Money is specie. You can’t create it out of thin air. Currency was only created to be a claim check to money, because carrying money around is heavy (and somewhat dangerous). When there’s more currency than there is money, that’s adulteration (and was generally punished by death when the bankers who did it were caught). Now they create currency every time a loan is written. Inflation only happens because of this.