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@ Kevin Alfred Strom
2025-04-28 21:17:11
It is not mainly the state that creates inflation: Private banks are the main culprit. In a fractional reserve banking system, which is what we've had all over the West since 1945, all loans are created out of thin air, including the ones from your local bank -- thus creating money and inflation. Since the bankers now effectively own the Earth, they dictated long ago to nearly every government that said governments shall not print money any more, instead they shall only _borrow_ the money that the bankers create. So, really, most inflation comes from banks, who are now the real owners of the state -- and of us (until we give them what they deserve).