RE: The Territorial Monopolist: A Necessary Evil?

You are viewing a single comment's thread from:

The Territorial Monopolist: A Necessary Evil?

in politics •  8 years ago 

Not only just tax revenue, but something far more insidious: the ability to "buy" things at no cost to themselves simply by creating monetized debt from nothing. They hit the economy and going. First through inflation of fiat currency with which they bid scarce, non-monetary resources away from others; then through the theft of taxation. "The state" is doubly deleterious.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Indeed. I think of the state as a giant, organized criminal extortion (taxation)and counterfeiting (central bank) racket, supported by mass brainwashing (public schools).