Oh sweet summer child...

Oh I assure you there is.

https://www.uscurrency.gov/denominations/bank-note-identifiers

I've got news for you; dollars are already distinguishable from one another. They're serialized.

It won't change purchasing power. Surveillance & control won't change at the fundamental level, but it will become faster & easier to trace funds or lock/seize them.

The real big implication is that it could end fractional reserve banking. No longer a need to keep physical currency on hand to honor withdraws.

Whoa intelligent, succinct discourse. I dig it, and it's spot on.

>So inflation is the correct course of action as far as global politics is concerned.

Also agreed, but with caveat. Pump is primed at the top, it's time to open the floodgate for wages at the bottom 75% of the curve. It won't work if the masses making the products can't afford the products.

And on that note, we need a burn mechanism; i.e. taxes that support current operations and future growth. Start by removing the income cap on Social Security taxes. Reinstitute income tax rates like in the mid 1930s, and treat stock compensation like income, not capital gains. Eliminate the national debt.

>TLDR: America always wins.

First mover advantage with nukes and favorable geographic location FTW. We wrote the terms for WWIII at the end of the WWII.

I thought it would be 1.0% last hike.

China ain't invading Taiwan. Even if it happens, they're not getting what they want, all the chip fabs will be rubble.