“If one group of people must trade their time for money, and another group of people can print the money, where does that lead?” Moss asked. “[The Fed] is stealing from their time, stealing from their life.”
He said the fractured monetary system also confuses entrepreneurial activity, induces people to over-borrow, and causes misallocation of capital. But it takes a human toll that extends far beyond economics. Breedlove said that in order to address the fundamental problems of fiat currencies and central banking, it’s necessary to step outside the box and think critically about the top-down centrally-planned system itself.
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