Inflation is a form of aggression

We have a right to be free from bank inflation. This is true whether or not the banks are guaranteed by the state. If they are guaranteed by the state and able to increase the money supply then savers are being exploited against their wishes. If the state has any authority then its money is not the same as other (private) forms of credit and as a consequence it has a responsibility not to exploit savers. So if banks have deposit insurance and increase the money supply savers are being exploited... which is a violation of their rights. If state money is important savers have a right to be free from inflation. If banks are not guaranteed then this is a private kind of fraud. Clearly people who use a bank do not expect their savings to be spent by the bank on loans... the only function of the bank is to keep the money safe... so their rights have been violated knowingly by the bank. Private frb is a violation of our natural rights because we have been lied to deliberately by the bank. The bank has failed to do the one thing which is required of it. When banks are guaranteed by the state this is a violation of all savers because we have a right to be protected by the state from inflation. Deposit insurance is a violation of our rights because banks are not part of the state and so have no right to benefit from this subsidy at the cost of savers. We have a right for there to be no deposit insurance. Deposit insurance is a violation of our rights. Since (state) money can be thought of as a store of wealth and as the property of those who own it... then deposit insurance is an aggressive invasion of those rights. Inflation is aggressive and deposit insurance is aggressive.