@icedquinn I was friends with a tax man. He turned out to be a POS but I can maybe shine some light on their thinking.
They think they are doing a public service. They arent really anti-rich usually or anything like that. But they do think they are making america a better place by doing a necessary service.
@icedquinn @freemo Keeping the money printer going. That's what causes inflation. Taxes won't stop inflation.
@icedquinn @freemo The debasing of currency didn't work out well for the Roman Empire. They did it to fund their endless wars.
100% of people who eat spinach eventually die. Therefore spinach must be unhealthy.
Not even remotely true. Gold has widly changed in its trade value over the years. In fact just in our lifetime gold has swung considerably.
@icedquinn @freemo @romin Gold and silver is fungible. It has many uses including industrial as opposed to fiat that is just paper or digital.
Both gold and money have utility and are fungible.
The utility of money is being able to transport large amounts of value/wealth with very little weight, and in a way that is tracable. Gold on the other hand is quite heavy but more importantly if stolen is untracable so is also much harder to retrieve and much easier to offload when stolen.
@freemo @icedquinn @romin You don't need alot of gold to move alot of money at $2000 USD per ounce. The fact it is hard to trace is actually a plus.
And yet .... nothing remotely like the great depression has happened since.
Always funny when people argue from points where we have monumental evidence of history showing the contrary.
Its the same thing you hear from communists about how great it should be theory yet ::Gestures to every communist country in history::
On that we agree, but I was using communism as an example of similar way of thinking.
@freemo @icedquinn @romin Yes, most communist countries are run by tyrants. China is abit different in that they embrace capitalism.