I read this one comment months ago and I think many people feel the same way in the U.S. at least. I don’t want my taxes going to fund endless wars and to prop up the military industrial complex etc, but I also don’t want to go to prison haha. It’s like true what they say. Government takes by violence. It maybe soft violence by throwing you in prison but it’s still coercion
Best of Dominic's public talks or interviews I've seen - very informative and interesting. The Sovereign Individual is such a landmark book imo - even if the authors' predictions are off-the-mark, they're worth talking about, yet there seems to be so little discussion about it. It only seems to come up here and there in the odd bitcoin or libertarian podcast.
Heres what to do. Our world has 4 fundamental practices that are problematic. If we dont understand the causes of a problem we will address the symptoms or actors, not the causes. 1st Large private and Central banks have obtained the Exclusive franchise to create ALL new Currency as Debt, at interest. An increasing population needs an increase in currency, but it is ALL created as debt bearing interest. This indebts the whole world, every person, every government, in totally unpayable debts, enslaving us all to bankers through personal debt or ever increasing oppressive and unjust taxation, permits, licences, registrations, regulations, rates, duties, fees, fines, levies, surcharges, adinfinitum, of which an increasing volume goes straight to the debt creators, who created it for free. (At zero cost to themselves.) 2nd. Virtually no limitation plus fractional and recirculating fiat currency allows banks to effectively create massive new Currency volumes as DEBT, blowing massive bubbles (in housing/stocks) which devalues everyone's savings, work, pension by raising all prices. We call this inflation, but it's really devaluation. Shrinkflation adds to our reduction and desolation. The fix ? Go back to Sound Metalic Money and stop all banks and financial institutions loaning out more than they have on deposit, but further, DO NOT ALLOW ANYTHING BUT Metalic Money TO BE CALLED AN ASSET OR COLATERAL. Real Estate loans have been classified as collateral. That allows the bank to call the loan an asset, and sell it, or loan against it, which helps blow real estate bubbles. Return legal currency creation to national treasury departments with a zero Inflation policy. This will not create inflation like some bankers/economists would have you think. It is not WHO creates currency that drives the constant devaluation of your work & money, it is THE VOLUME per population/ productivity. The banks increased the base currency supply by over 65 % since March 2020 & 300% since 2008. This is multiplied as real estate bubbles lever up equity to back increased loans. You can't spend it off planet, and we've had no increase in population or productivity. How can it not devalue our savings, wages and retirement funds by a similar % as it enters the economy ? 3rd. Fiat currency whether paper OR DIGITAL has no intrinsic value, thus it cannot be used as a long term store of value, particularly in an ever expanding fiat system. In fact taxation and the 'legal' currency label attached to fiat creates artificial demand for fiat currency. The fix ? Return to Silver, Gold, Copper & Nickle currency, designated by weight, not cents/dollars. These will find their own local value. These can't be printed to oblivion, have intrinsic value, and are a safeguard against bankers counterfeit loans. Continue to keep the manufacture of Gold & Silver rounds by private mints & foundries to help keep the government mints honest as to premiums. Do not allow bankers and economists of the current system to con you into believing there isn't enough Metalic Money. You mix 1% gold, 99% copper or Nickle and you have Gold backed currency. Same with Silver & Nickle. Mint 10th ounce, 2 10ths, 5 10ths and 1 ounce. Or grams in similar fashion. Never give it a 'value number,' which is a lie. Give it its weight & purity, and let the market decide what it will buy. Call it 'slow money," like 'slow food.' It's slower for sure, but it's 10 times better for you. Probably necessary to nationalise mines & pay shareholders out in metals. We are aiming at a more just, more perfect union, and that requires we treat shareholders justly and make them whole while preserving a mining and exploration industry. So gently, thoughtfully, carefully on this one. 4th The 'world bank' and IMF are your friendly international arms of the Federal Reserve, who loan worthless US currency invented at zero cost to enslaved nations of people to purchase necessities, when their own commodities or worthless currency would do just as well. This ensures the indebtedness of nation's simply to survive. Correct these 4 Principles and >80 % of a nation's problems would disappear. Do not allow your masters the Debt slave creator's to tell you it can't be done. They are not seeking your best interests, but theirs. It is easily done. Beware. The FED, IMF, WEF wants you totally enslaved with Digital currency. Convert your garbage fiat currency into Gold and Silver or prepare for destruction. Come to think of it, you better prepare for destruction anyway. The bankers motto is : 'Preserve your Capital at all costs.' The bankers are buying Gold. We the people can afford Silver.
Cheerful delivery and very entertaining except that none of it will work in real life. We need government and taxes to keep the uber rich in check ... although it's getting harder to do.
You have not understood too much of this talk. It's the government that responsible for the wealth gap. In a free market environment you don't need to keep anybody in check. Just protect the basic rights that all people have.
