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Old 06-14-2007, 04:50 PM
Ivanhoe Ivanhoe is offline.
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Quote:
Originally Posted by satz View Post
Although that said, it does interest me, does the government have the right to create the currency it wants?
Creating money ex nihilo is today's equivalent of debasing currency. In bible times it was putting other alloys into the gold/silver, making it cheaper (and buy less).

What Vic alluded to is a form of inflation--debasing the currency. So yes, indirectly, it is sinful.
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