Why do we need absolute scarcity?
So those who accumulated early can hoard it and harvest an ever greater share of everyone else’s wealth while everyone else fights over the scraps?
That is exactly the problem we were supposed to be escaping.
Bankers accumulate assets, influence the rules and benefit from a monetary system tied to government monopoly. Money becomes a mechanism through which existing power compounds itself.
I want sound money, not a permanent rent on everyone who comes later.
People should be able to own the fruits of their labour. Money should preserve the value of that work, not guarantee that whoever accumulated the scarce asset first can extract an ever increasing claim on everyone else's future production.
Scarcity matters. Absolute scarcity is not the same thing as honest money.
If you don't work, you shouldn't eat.
