Quote from: STT on August 06, 2025, 11:57:22 PM

The wealth imbalance is mostly down to the economics failure in fiscal policy. If we had stuck to hard currency it would not allow governments to overspend so easily nor issue new currency helping to make their populations poorer and require constant pay rises just to keep neutral within their prior earnings .
The reason all of that goes on is misunderstanding and misdirection, inflation can be labelled on retailers for example who allow such prices and the argument being as if they created the price rise, etc. You could say this is a fault of democracy perhaps but it seems barely anyone will point at weak currency as the ongoing cause of imbalance in economies.

When the governments are able to simply print more money, it destroys the purchasing power and increases prices that are most harmful to ordinary citizens. It is not seeing the wood for the trees to blame retailers when it comes to inflation. The concept of adhering to a hard currency is austere but has the capability of curbing this type of overspending and inflation. The fact is that not a lot of people can find the links between the unstable currency and the disproportioned economy, most likely due to uncertainty and the simplicity of choosing to blame other things. Democracy may slow down the opportunities to address such problems by higher speed, yet the knowledge of the core causes is the point considered to be the first.