Quotes of All Topics . Occasions . Authors
Giving money and power to government is like giving whiskey and car keys to teenage boys.
Money is power, and in that government which pays all the public officers of the states will all political power be substantially concentrated.
There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Gold and silver are always in demand, regardless of clime, century, or government in power. But public confidence in and, hence, demand for paper money depends on the ultimate confidence - or lack thereof - of the public in the viability of the issuing government.
A constant stream of 'free' money is a perfect way to keep an inefficient or simply bad government in power. As aid flows in, there is nothing more for the government to do - it doesn't need to raise taxes, and as long as it pays the army, it doesn't have to take account of its disgruntled citizens.