If you controlled the government, and imposed a 90% tax on everything, that would pretty much kill the economy, but only if people complied. And if you did something that huge, and did it all at once, they’d be more likely to overthrow you than obey you. And while taxes always seem to be creeping upwards, there has been no dramatic jump recently to explain our current economic crisis. So what is doing it? What is there that can destroy an entire economy, all at once? Short of nuclear holocaust or a meteor hitting us, there’s really only one way it can happen: by someone messing with the CURRENCY. FULL ARTICLE
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2 comments ↓
Does anyone expect the dollar to do anything but fall like a rock over the next few years?
LT – no doubt. I’m sure we’ll continue to see spikes here and there, but those are definitely temporary. Massive inflation is definitely on the way.
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