Unsound money was a boon to tyrants, repressive regimes, and illegitimate governments by allowing them to avoid the reality of costs and benefits by increasing the money supply to finance their undertakings first, and letting the population handle the consequences later as they witness their wealth and purchasing power evaporate. History is replete with examples of how governments that have the prerogative to create money out of thin air have almost always abused this privilege by turning it against their own people.
