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The Experiment in Personal Liberty will be over, and the nation ripe for another revolution. To overcome the tyranny soon to come, as they run out of other peoples money, fast.
Look how fast this happens, in every Socialist Welfare State.
I agree, but its going to take SOMETHING HUGE to push majority of people over the top... to the point where they are willing to take up arms against authority/govt.
The first line of resistance would be local and state police, I just cant see a time where majority of people would be engaging police in street gun battles. Im not sure we will ever reach this level of revolution.
The Experiment in Personal Liberty will be over, and the nation ripe for another revolution. To overcome the tyranny soon to come, as they run out of other peoples money, fast.
Look how fast this happens, in every Socialist Welfare State.
Our monetarily sovereign federal gov't can obtain unlimited USD's, not necessarily other people's money per se. We certainly can inflate, but not go bankrupt. No matter what we do or try to do at the Federal level.
The problem is that our people don't understand the nature of our modern money. It is a utility for We the People.
We don't need to revolt, we need to educate ourselves and elect modern money knowledgeable gov't representatives. As Ocasio-Cortez talks to Stephanie Kelton I wonder if we the people will get our HC and infrastructure. And how much inflation....
Once People Realize, That They Can Vote Themselves The Entire Treasury
That's exactly what the wealthy did when they rammed through Trump's tax cuts.
It's a concept not many understand: a tax cut implemented during a time of budget deficits is not a tax cut, it's a federal subsidy funded by Treasury borrowing. The tax cut for the rich is a form of socialism, where a disproportional benefit to the wealthy is paid for by society as a whole via the public debt.
Instead we are getting the gilded age back thru monopolies. Which then buy congress to get the laws they want. Which makes monopolies stronger. Which gets them MORE money. They buy congress more...
Once People Realize, That They Can Vote Themselves The Entire Treasury
That's exactly what the wealthy did when they rammed through Trump's tax cuts.
It's a concept not many understand: a tax cut implemented during a time of budget deficits is not a tax cut, it's a federal subsidy funded by Treasury borrowing. The tax cut for the rich is a form of socialism, where a disproportional benefit to the wealthy is paid for by society as a whole via the public debt.
Yes, letting people keep their own money has to be stopped.
The Experiment in Personal Liberty will be over, and the nation ripe for another revolution. To overcome the tyranny soon to come, as they run out of other peoples money, fast.
Look how fast this happens, in every Socialist Welfare State.
This Republic is done.
It started with the 16th amendment and ever since then we have been on the death bed.
The great socialist FDR put the final nails (social security) on the coffin which was followed by Medicare.
Once People Realize, That They Can Vote Themselves The Entire Treasury
That's exactly what the wealthy did when they rammed through Trump's tax cuts.
It's a concept not many understand: a tax cut implemented during a time of budget deficits is not a tax cut, it's a federal subsidy funded by Treasury borrowing. The tax cut for the rich is a form of socialism, where a disproportional benefit to the wealthy is paid for by society as a whole via the public debt.
Our monetarily sovereign federal gov't can obtain unlimited USD's, not necessarily other people's money per se. We certainly can inflate, but not go bankrupt. No matter what we do or try to do at the Federal level.
Hyperinflation due to printing at will isn't pretty. The Weimar Republic's hyperinflation spawned the Third Reich, along with the scapegoating of Jews, and a consequent genocide. Zimbabwe's hyperinflation was ugly. So is Venezuela's.
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