For something which represents no value or utility whatsoever besides its scarcity (e.g. fiat money and Bitcoin) making more of it IS theft as it effectively reduces the only benefit it has. This is not true for a tv set which does have utility.
Fiat money is not useful because of scarcity (although it can be). It is useful because it can be used as
money.
But you're right about the TV, it is devalued a little less than your USD banknote if they produce more. It
is devalued, though.
Let me repeat:
Fiat currency, unbacked by some commodity with utility/value, is the most silly thing ever.
Actually, it was a great idea that is still considered by the majority of economists to be one of the more important factors in the economic progress of modern civilization.
The underlying issue (which molecular and wachtwoord probably should've noted explicitly, since you apparently missed it) is that citizens are forced, through threat of prison (ie, violence), to use currency that gets debased. If that were not the case, there wouldn't be anything immoral about it, and it would be analogous to a company, whose stock you own, issuing more shares.
First of all, we're not talking about whether it's moral or immoral to be forced to use a currency. We're talking about whether it's theft or not.
But we're forced to use these currencies through the requirement that we pay taxes in them (and other legal tender laws), so when we get diluted, we lose value/property.
Noone forces you to hold any currency, as far as I'm aware of U.S. legislation. That you are required to settle your taxes in USD is no more a hassle than the need for buying stamps if you want to use the U.S. postal service.
