Hacker News Reader

I never hear this criticism when devaluing our currency to go to war or subsidize large business.

Devaluing the currency as a form of redistribution downward seems to be way more radical then devaluing it for wealth transfers to military contractors and large institutions. Why is that?

View on HN

> I never hear this criticism when devaluing our currency to go to war or subsidize large business.

Oddly, I hear it all the time.

Perhaps two wrongs don't make a right.

It is wrong to redistribute to those born into poverty, countries exploited for their resources, and those living around toxic industrial externalities?

Maybe, from a libertarian "I got mine"/"I did this all on my own" attitude. But, damn that is a simplistic, selfish outlook

Reply on news.ycombinator.com