SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (95676)10/20/2012 8:04:46 AM
From: elmatador  Read Replies (1) of 217540
 
Paying the state or not paying the state. Consider HK state. You pay and do not complain because it is visible the benefits:

School system to educate youth. Rules to make the populace behave and tha apparatus to come with it.

Clean streets, transit system to allow people to ove and all the rets of it. Build (and then maintain) the bridges, tunnels, airport and all that civil, mechanical electrical works that allows for modern day life.

That is perfectly visible for you in a state the scale of HK. And you pay the costs without even being it a point of contention.

Consider some other state they need exaclty the same artifacts, infrastructures and legal systems that HK have.

But they are not HK.
Consider the United States. It required a lot of capital to be invested in infrastructure. The American tax payer paid for that.
Once a great part of the infrastructures were built and were up and running, the US generated started generating even more tax revenues.
That gigantic tax revenue generated after the WWII when the US accounted for 45% of world's GDP. And note that the US infrastrcuture was already built.

Not only that: The US was the world's reserve currency post WWII.
That means whatever the US wanted to build they printed the USD and the world purchase that USD with the promise to redeem them to gold at the fixed price set by Bretton Woods agreement.

The US start spending and spending and spending.
Cold War, Space Race, Social programs of the 60's and thousands of civil servants, paying for good behaviour of allieds and for a defense establishment of gigantic proportions.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News