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 When the state can just print at will, they need even more control over the flow of money. The state doesn't have a right to private data, but only individuals can volunteer their data in cooperation with the state to seek justice.

The fact is that more financial injustice is committed by the state than by private citizens, and the difference is such a magnitude that it must be called laughable. First, treat the state as simply another party and do the moral analysis. Financial tyranny is the only conclusion.