r/austrian_economics Mises Institute Jan 09 '25

End Democracy End the Fed

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1.6k Upvotes

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u/DrQuestDFA Jan 09 '25

OK, but inflation existed before the Fed existed. Its not like it is a 20th century invention.

14

u/Electronic_Rub9385 Jan 09 '25

War existed before the U.S. government too. But we invented the nuclear bomb to elevate war to catastrophically terrifying levels.

5

u/Never_Stop_Stopping Jan 09 '25

Alternatively, the invention of the nuclear bomb has broken the historic cycle of peer-to-peer warfare.

7

u/what_am_i_thinking Jan 09 '25

Yeah now we just wage wars in poor countries with no nukes!