Checking Your Coat At The Theatre: It's A US Dollar Tragedy

The United States dollar has undergone quite the distortion: let's say you attend a play at the local theatre. You check your coat and receive in return an IOU stub which grants you a claim on your coat upon your departure from the theatre. Government has essentially convinced the audience that the coats are no longer of relevance here; that rather the IOUs are the most important aspect of the transaction. In fact, they become so convicted that they distribute more of these IOU claims to convince the ever-broader audience that they too are coat owners. Of course, upon leaving the theatre you recognize that you are still coatless and the weather has become no more tolerant since the government masquerade began. Remember, the United States dollar is not beneficial in and of itself, but rather in the capacity by which it enables more extensive reach in quantity and quality of goods and services to grant people the greatest pleasure, leisure, and time. The mere expansion of the quantity of money offers no such benefit.

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