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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: frankw1900 who wrote (623828)1/29/2017 8:49:04 AM
From: skinowski3 Recommendations

Recommended By
alanrs
Joe Btfsplk
prometheus1976

  Read Replies (2) | Respond to of 794367
 
The "borrowing" that govts do by issuing bonds was an 18th century modification of the timeless tradition of rulers/nobility/gentry taxing the peasantry.

Yes, except that now they are taxing the future. And the future WILL pay the price, in one way or another. Weakening the currency, which many hope will solve the problem, is just another form of default.

I don't think the deplorables own the central banks. The "deep state" owns them. The deep state made itself "necessary" to the population by means of programs like, for example, social security, which is a transgenerational wealth redistribution scheme. Nice way of making sure everyone is vested in government.

Reading your post, it seems you're just as suspicious of government as any of the libertarians on this board. How come you still believe in government solutions? That government is owned by the deplorables?