Just because it's important doesn't mean you can own it. Other people are fundamental to an advanced economy, too, it doesn't imply that you can own them.

You didn't contend with my point. Purchasing power consists of thoughts in other peoples minds. What is your argument for being able to own other people's thoughts?

Undisciplined

econ

Monetary inflation is NOT taxation

SpaceHodler

I disagree with that core premise that you do not own the PP, that it isn’t a core part of a modern advanced economy.

This is like one of the most important things that a stable society is said to provide, without it, commerce degrades to subsistence barter.
One cannot have an advanced economy without stability in at least one of your trade instruments.

I think it’s all about life, and time. Too many potatoes rarely ever eat into the stored value of a societies savings.