MONEY, MORALITY AND INFLATION: WHY OUR SYSTEM MUST BE REFORMED

Surfin Bitcoin dared to address a rare topic: the morality of money.

In this new interview, Michel KHAZZAKA, founder of Valuechain, delivers a radical yet rigorous reading of our monetary system.

The issue is not a conspiracy.

It is the structure of the monetary and financial system itself.

And as long as we refuse to face it, inflation will continue to behave like a hidden tax that destroys work, savings, and trust.

In this conference, Michel explains the deep architecture of our financial system and the true origin of inflation: credit-based money with no risk for the issuer.

He shows how perpetual debt mechanically generates inflation, why the banker no longer takes real risk, and how this structure turns our economies into machines that transfer wealth toward those who create money rather than those who create value.

To understand this trap, Michel traces the story back through history:

from the Sumerians and the Phoenicians and the collapse of bronze currency,

to the birth of the golden age of money,

to the independence of the Hebrew people and the emergence of an ethical approach to taxation,

to the Mongols and the first 100% fiat currency,

to the French Revolution and the “assignats,” yet another replay of predictable hyperinflation.

Across every era, the same lesson emerges: when money, value, and morality fall out of balance, societies collapse.

Michel then puts forward two concrete and effective proposals:

1. A single flat tax of 15% — simple and fair.

A transparent, readable, liberating tax system, complemented by an innovative mechanism:

the possibility for citizens to invest directly in specific public projects.

A form of “consented tax” based on real risk-taking and value creation, instead of a mandatory levy disconnected from contribution.

2. A monetary system without inflation.

A currency that measures value instead of devouring it.

A reform of debt in which the banker finally accepts real risk,

with repayment based on project profitability — not confiscation when things go wrong.

All of this within an architecture built on scarcity, transparency, and responsibility,

inspired by Bitcoin yet adaptable to a modern State.

Because money is not just a technical tool.

It is a moral fact.

It must be neutral to enable a fair economy grounded in work and genuine value creation.

👉 Watch the full conference here: https://youtu.be/U2m-S7IjWkg?si=QNvpSJPCZZOoRb0p