“When a legislature decides to steal some of our rights and plans to use police force to accomplish it, what’s the real difference between them and the thief? Darn little! They hide behind the excuse that they’re legislating democratically. The fact they do it by a majority vote has no moral significance whatsoever. Numerical might does not constitute right, no more than a lynch mob can justify its act because a majority participated.” — Hubert Leon “Bill” Richardson, California state senator (1966-1988), author, Founder and Chairman of Gun Owners of America, writing in December 1995.
A republican form of government with democratic principles must be held in check by the natural, God-given rights of the individual citizens. Morally, no majority can vote away the rights of others — that is absolutely contrary to the fundamental concept of human liberty. And to the charter which established the government of a free people.
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The insidious nature of debasing the currency (inflation)
James Hickman, over at Schiff Sovereign, recently published several good commentaries for Grey Swan (Paradigm et al) regarding inflation, stagflation, and the financial mess both old parties and both Trumpistas and NeverTrumpers have gotten the States into, for the last 9 years.
We all know that Trump is not telling the truth about inflation. He apparently believes the phony numbers that the various federal agencies and Wall Street “geniuses” are pushing. Yes, gasoline (and even Diesel) prices are down, but not as much as he is telling us and the press. Yes, prices between $2.10 and $2.50 across much of the Heartland and South are good news. But prices on everything else are continuing to go up (and stay high) after the disastrous actions of Uncle Joe’s regime. And The Donald is not doing – and not able – to do very much.
Of course, the problem is that we are not only NOT on a real standard – gold or silver, for example. We are far, far beyond the debasing of the coin that Hickman wrote about in the 1400s in England, and that plagued the SPQR (Rome) and hundreds of regimes throughout history. We are well beyond the crazy behavior that generated trillion “dollar” bills in Zimbabwe or wheelbarrows full of paper in the Weimar Republic. Thanks to a combination of actual printing presses and debt-based money and electronic creation of imaginary funds, we are inflating prices with a skill and generally a rapidity not ever found in history.
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