Nonsense. The US has no issues with inflation and we've been using this system for decades. It took a literal pandemic and its subsequent demand shocks to actually create inflation problems.
I have no idea where you lot get this narrative that inflation is rampant, it's not. I can post FRED graphs if you don't believe me. Or you can look it up yourself here, where you need to go back to the years before 1985 to see inflation issues:
https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
(For those who don't know 3% to ~4.5% inflation is considered healthy. We don't want to go lower because that will put the economy at risk of going into a deflationary spiral and we don't want to go higher for obvious reasons)
This is beyond silly.
1) it's fine if you don't like the government but the alternative is watchdog groups who have the ability to use state-sanctioned violence (or what, you assume private orgs will respect watchdog groups because unicorns?) and that's prime ground for corruption.
2) no such asset thing exists. It's fundamentally impossible for something to have intrinsic value, it always comes from demand and scarcity (and other factors but we're getting into the weeds with those). This is one of the reasons fiat is king.
3) "taxation is theft" lol mald harder.
