Centinel2012

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Feb 2 2019

Revolution – Why it is Always Inevitable?


Armstrong Economics Blog/Civil Unrest

Re-Posted Feb 2, 2019 by Martin Armstrong

 

COMMENT: Mr. Armstrong, I just went to see Les Miserables with my wife. I was really moved for it was indeed how history repeats. It just seems we always end up in the same position because government never changes.

PB

ANSWER: Unfortunately, socialistic governments pretend that they are taking your money for your own benefit. The excuses are endless. Nevertheless, they constantly oppress the people by taking an ever increasing portion of their net disposable income, crushing them into the dust. The motives seem to change, but the end is always the same. This is why the Founding Fathers forbid direct taxation. That was such a critical deterrent to prevent revolution. The governments followed Marx at the beginning of the 20th century, and then convinced themselves that they were doing it to care for the people. In the process, they paid themselves pensions that no one else could possibly attain. Forbidding direct taxation was the only possible way to prevent the recurrence of revolution.

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By Centinel2012 • Posted in Economic Subjects • Tagged Amusement Tax, Armstrong Economics, Asset confiscation, Asset diversification, Asset recycling, Assets, assets bubbles, Big Government, bubbles, Business cycle, Cashless society, centinel2012, central bank, Central Planning, Central Planning, Common Reporting Standard, Communism, Credit, CRS, Cryptocurrency, currency manipulation, Curse of Cash, David Pristash, Debt, debt bubbles, Disasters, Dodd-Frank, ECB, ECM, Economic Collapse, Economic Confidence Model, economics, Edelman Trust Barometer, eliminate cash, Eminent Domain, end of liquidity, Euro, FATCA, FED, financial ponzi schemes, Foreign Account Tax Compliance Act, Fraud, Free Market, front running, glazier’s fallacy, Gold, Gold confiscation, Gold Standard, Hedge, Helicopter money, Hoarding Cash, Homeless Tax, housing bubbles, Hunt for Taxes, Hyperinflation, Illinois credit now “Junk”, IMF, IMF Working Paper on Eliminating Cash, Inflation, Interest, Interest rate, Italy, Keynesian Economics, Legal entity identifier, LEI, Marxism, Monetary collapse, Monetary Crisis Cycle, Money laundering, money smuggling, negative interest, new world order, No more Stop-loss, Outlaw Cash, Panics, Passwords, Pension Crises, Pension Fund Insolvency, Pension funds, PINs, police asset forfeiture, policing for profit, Pre-Pay VAT, progressives, Progressivism, QE, Quantitative Easing, Reversals, SDR, Silver, Social welfare, socialism, Sovereign Debt Crisis, special drawing rights, Speculation, Speeding Cameras, spoofing, Student Loans, sustainability, Tax on employees, Tax on Water, Tax the internet, The Forecaster, the Great Depression, Too Big to Bailout, Too big to fail, Too big to Jail, Traffic Cameras, Turkey, Turning Points, Understanding cycles, Unemployed, Unexplained Wealth, Unexplained Wealth Orders, Universal income, usury laws, UWO, VAT, Velocity of Money, Wealth tax
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Centinel2012

Centinel2012

Semi-retired ex-military, ex-businessman, ex-inventor, ex-engineer and now full time member of the Tea Party. My current goal in life is to make sure that the truth is known to all with an open mind.

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