We are on the road to serfdom | DetlevSchlichter.com
We are now five years into the Great Fiat Money Endgame and our freedom
is increasingly under attack from the state, liberty’s eternal enemy. It
is true that by any realistic measure most states today are heading for
bankruptcy. But it would be wrong to assume that ‘austerity’ policies
must now lead to a diminishing of government influence and a shrinking
of state power. The opposite is true: The state asserts itself more
forcefully in the economy, and the political class feels licensed by the
crisis to abandon whatever restraint it may have adhered to in the
past. Ever more prices in financial markets are manipulated by the
central banks, either directly or indirectly; and through legislation,
regulation, and taxation the state takes more control of the employment
of scarce means. An anti-wealth rhetoric is seeping back into political
discourse everywhere and is setting the stage for more confiscation of
wealth and income in the future.
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