Ah but Radar, the relationship between money supply and inflation is a funny beast, and herein line the problem. Velocity of Circulation. It's what they discovered when they actually tried it. Due to the unpredictable nature of velocity of circulation targetting inflation with controls on money supply proved hamfisted.
I could have sworn I said as much 5 pages ago.
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As an individual, you have no right to take the life of others unless it is in your own defense. You have no right to murder others and you do have a right to defend yourself even with deadly force or to allow your agents to defend you so yes, individuals CAN give this power to government because it is a right that individuals would have even without government.
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Says who exactly.
I would like to know where these rights come from, who defines them, who established them? This is a real question.