1) Imagine a society where it was almost universally accepted that it was okay to take something from you, without your knowledge, and gives it to someone else.

That is the world we live in.

And it is called....... inflation.

2) In a more rational world, we might call inflation a "theft".

Taking $$ from the middle class and poor and gifting to the rich.

The more you have the more you are enriched. The less you have the more you are impoverished. https://twitter.com/JeffBooth/status/1278200286775894022

3) What would be the repercussions of a system based on a believable lie, that was really theft in disguise?

Maybe....Growing wealth inequality, racism, polarization of society, the end of the free market, unrest.

4) It shouldn't matter at what rate of inflation is picked.
2% - 3% - 20%.

Theft is theft.

5) What "if" to solve the problem (wealth inequality, racism, polarization of society, the end of the free market, unrest) that was created by "theft" in the first place, people said to you - I know the answer!

We need more "theft" to help out the people we are stealing from.

6) Manipulation of money can feel great in the short term because people feel richer, but has far more consequences than people realize because it encodes "corruption" into the system itself.

Those longer term implications are what we are only starting to see.

7) And because the incentives are aligned to protect the system at all costs AND protecting the system comes at great social cost, no real change can come from within the system. (regardless of politics)

8) Which is one of the reasons more people, including politicians, are starting to understand how #bitcoin (a new system) can help transition to a world where the growing abundance from technological gains is more broadly shared.