_7kdn

The entire article deals with this. I'm not going to reiterate.

If you can't differentiate between living in a democratic economy and a capricious dictatorship, then it really isn't me who has a question to dodge.

I expect you would have elected a new president before we had time to find out.

If the article persuaded libertarians that their claim 'inflation is government stealing your money' is as fanatical as 'taxation is government stealing your money', then it has done its job.

It simply argues that both statements should be treated with contempt, especially since the former has recently been in vogue.

I'm saying that a central authority with that kind of power is necessary and advantageous in a recession. And that they (central banks) are more accountable to the people than e.g gold mining companies.

And the propensity for libertarians to indulge in conspiracy theories is more than guilt by association.

And both positions are absurd. That was the point.