First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/10/09/how-paper-money-turns-governments-into-predators-002841
<p><img src='https://www.moneymetals.com/uploads/content/how-paper-money-turns-governments-into-predators-social.jpg'/></p>Aside from stealing your life savings and launching depressions, one of the nastier features of paper money is what it does to governments. In short, paper money transforms governments from parasite to predator. Because once a government can print what it likes, it no longer needs taxes.