Increasing money supply raises system trust’s vulnerability.

Evidence

This logical marvel of the simultaneous sacrifice and maintenance of liquidity is achieved by means of increasing the money supply, and thus implies an increase in, and thereby the increasing vulnerability of, system trust. — Niklas Luhmann, Trust and Power, 212

Categorization

• QUESTION: Worth chasing: does the growth and vulnerability of institutional trust parallel the growth and fragility of the deference Stevens places in Darlington?