In a society where money is free and sound, individuals have to make decisions with their capital that affect their families in the long run. While it is likely that some would make irresponsible decisions that hurt their offspring, those who wanted to make responsible decisions had the choice to do so. With nationalized money, that became an increasingly harder choice to make, as central governmental control of money supply inevitably destroys incentives to save while increasing the incentive to borrow. No matter how prudent a person, his children will still witness their savings lose value
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