The government deliberately created all the inflation in our society. For decades they removed our rights to save in stable forms of money (like gold) - 1933 - all personal gold was seized. 1971 - we “temporarily” left the gold standard.
It is amazing that gold was illegal in America. It's even more amazing that 99% of people don't know that.
That's some banana republic shit, right there. Like what's happening in Argentina. Did you know part of the reason Milei wants to "dollarize" the economy is because the Argentinian people were capped on how many US dollars they could "buy" per month because they viewed it as so much more stable than their own currency? That sounds astutely absurd, but the US government did the same thing back in the day...and won, managing to shape the economy around their own goals.
The government deliberately created all the inflation in our society. For decades they removed our rights to save in stable forms
You can thank Keynesian economics for that one. Even the people who had good intentions (not that good intentions are worth all that much) were pushing this shit. And it's been pushed for so long now that practically nobody in government has any power to truly point out how terrible Keynesian economics are.
But then again, government loves Keynesian economics. Financial transactions are the easiest to tax, so you make policies that incentivises as many financial transactions as possible so you can get as many cuts of said transactions as possible. Keynesian economics are a gold mine for the government.
Its not only taxes.
The government deliberately created all the inflation in our society. For decades they removed our rights to save in stable forms of money (like gold) - 1933 - all personal gold was seized. 1971 - we “temporarily” left the gold standard.
It is amazing that gold was illegal in America. It's even more amazing that 99% of people don't know that.
That's some banana republic shit, right there. Like what's happening in Argentina. Did you know part of the reason Milei wants to "dollarize" the economy is because the Argentinian people were capped on how many US dollars they could "buy" per month because they viewed it as so much more stable than their own currency? That sounds astutely absurd, but the US government did the same thing back in the day...and won, managing to shape the economy around their own goals.
We totally live in clown world.
You can thank Keynesian economics for that one. Even the people who had good intentions (not that good intentions are worth all that much) were pushing this shit. And it's been pushed for so long now that practically nobody in government has any power to truly point out how terrible Keynesian economics are.
But then again, government loves Keynesian economics. Financial transactions are the easiest to tax, so you make policies that incentivises as many financial transactions as possible so you can get as many cuts of said transactions as possible. Keynesian economics are a gold mine for the government.