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Sunday, March 22, 2009

A Dying State

All political governments fail. History shows no exceptions. Political governments are always founded by force and fraud, rule by force and fraud, and inevitably fail by force and fraud. Worldwide, political governments are no different, and this time they are all failing at once: Their 100% fraudulent monetary system has caught up to them.

So here it ends: Congress authorizes debt, Treasury prints the debt bonds, and the Federal Reserve buys them, with money created out of thin air.

When we have a fixed amount of goods and services and we have a rapidly increasing number of dollars, prices go up and up and up, until the goods are gone and nobody is able to replace them. Hyperinflation is a common feature of dying states.

When the existence of the political state is at risk, which it is financially, we can expect all manner of lies and threats, and the use of force wherever they can get away with it.

And the really, really sad thing is that we once had a free market system that was self-correcting. The government just can't keep their fingers out of the pie. They just can't help but muck it up.

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