Sound money limits government power from "summary" of The Fiat Standard by Saifedean Ammous
Sound money limits government power by preventing the government from inflating the currency supply at will. When money is sound, it is difficult for the government to manipulate its value for its own benefit. This means that the government cannot simply print more money to fund its projects or programs without facing consequences. In a system of sound money, the government must operate within the constraints of a fixed money supply, which limits its ability to spend beyond its means. This forces the government to prioritize its spending and make difficult choices about where to allocate resources. Without the ability to simply create more money out of thin air, the government is forced to be more responsible and accou...
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