“Because governments are essentially a way for the insiders (who control the police power of the state) to take power and money from the outsiders. Cicero once described the two groups as the ‘Optimates’ on one side and the ‘Populares’ on the other. You might also think of them as the elite and the hoi polloi…or the privileged classes and the riff-raff. The critical difference between the two is that the elites…the optimates…the insiders…have the government in their pocket. The others do not. Bullion-based money is a natural limitation on the ability of the elite to rob the rest of the population.”
Related posts:
Robert Wenzel: An Examination of Key Factors in the Collapse of the Soviet Union
Could Bitcoin (or equivalent) Become a Global Reserve Currency?
Jacob Hornberger: Master and Servant
The Shoes Keep on Dropping… What Next?
Civil Unrest Coming to America
The Age of Authoritarianism: Government of the Politicians, by the Military, for the Corporations
Bill Bonner: Zombie Nation
11 Secret Documents Americans Deserve to See
Why Can't We Party Like It's 1905?
Americans Are War Weary ... And The Neocons Don't Like It
7 Lessons I Learned About Investing in Bitcoin
America’s Great Depression Quote of the Week: A Visit with ‘Dr. Hoover’
A Story of Slavery in Modern America
Why I Am an Anarcho-Capitalist
Bill Bonner: After the Returns Stop Diminishing
