William Bramley/The Gods of Eden/21/219/2

This method of creating money clearly destroyed the true purpose of money: to represent the existence of actual tradeable commodities. Inflatable paper money allows a handful of people to absorb and manipulate a great deal of true wealth, which are the valuable goods and services people produce, simply through the act of printing paper ahd then slowly destroying the value of that paper with inflation. It causes money to become its own commodity which can be manipulated on its own terms, usually to the detriment of the production-and-barter system. Money was meant to assist that system, not to dominate and control it.