Many don’t realize it, but inflation is violence.  Inflation is a policy result and is done covertly.    The decline in value is the result of violence.  This can’t be changed under the present system.  It’s not about who’s in charge.  The system is violence and that won’t change if new people run it.  The violent system leads to more violence down the road.  Those who favor it can’t favor peace.  They’re violent by nature—maybe without knowing it.

Inflation isn’t something that appears spontaneously.  It’s not a phenomenon.  It’s always the result of human action.  Inflation happens when more money is created.  It certainly doesn’t happen from greed, or any other nonsense that may be pushed.  More money is used to buy the same amount of goods.  Prices must rise.  The central bank can’t print goods.  Printing money is not beneficial in any way.

Inflation is equivalent to taking money out of your bank and retirement accounts.  The money you saved for a rainy day will be worth less when you use it.  This encourages people to spend money right away.  This will give the appearance of a healthy economy which is good for the current overlords.  The day retirement comes, you’ll see that the state has printed away your nest egg.  Retirement may not last long, if it comes at all.

Recurrent economic cycles are guaranteed.  These cycles are the result of inflation.  The inflation misdirects goods.  There must be a reorganization.  The crisis becomes apparent to all.  Contrary to popular belief, the boom isn’t good.  The boom is artificial, and it means the economy has been tampered with.  The bust may be painful, but it’s a necessary reorganization of the economy.  The longer the boom occurs, the worse the bust will be.

Inflation is violent in a number of ways.  It’s felt immediately and in the future.  Immediately in the form of higher prices.  The future, in the form of taking money from your accounts and the business cycle.  The state will come up with many scapegoats.  It doesn’t matter how unbelievable they are.  If one doesn’t work, they’ll try another.  They’ll never quit.  It’s always the violence of inflation.

Reference

Ludwig von Mises; The Theory of Money and Credit