r/Libertyinourlifetime Nov 19 '24

Why is inflation theft?

/r/Anarcho_Capitalism/comments/1gulj8b/why_is_inflation_theft/
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u/_-DirtyMike-_ Nov 19 '24

Because inflation reduces the buying power of your money, ex if a gallon of milk cost $5 last year and now it costs $10 you can buy half as much as you used to be able to.

It's essentially the same thing as me stealing $2.50 from your pocket. You did nothing wrong, someone else did, but now you pay the consequences.

1

u/themfluencer Dec 01 '24

Does this make price controls libertarian?

1

u/_-DirtyMike-_ Dec 02 '24

Only if you're disingenuous