It's Redistribution, But Not As We Had Thought of It
Quantitative easing has been a massive thievery of ordinary citizens and a redistribution of wealth to the monied classed operating in the financial sector. A Mckinsey report documents how this has played out in the UK (and in the US, and Europe in general).
Showing posts with label Quantitative Easing. Show all posts
Showing posts with label Quantitative Easing. Show all posts
Monday, 25 November 2013
Thursday, 11 October 2012
The Government's Non-Compete Clause
Adulterating the Currency
There is an old bumper sticker that reads, "Don't steal! The Government doesn't like competition." Folk do not often contemplate that an entire government could be devoted to theft. Yet why should it surprise us? Sin and evil continually breaks forth out of the human heart; it is desperately sick (Jeremiah 17:9). Christ alone can cleanse it, making men new--regenerating them.
When unregenerated men gain control of a polity it is the most natural thing in the world for their addiction to sin to be woven through government policies, laws, and regulations. Why, then, ought it to surprise us that governments should do evil? Why, then, should we be shocked when governments steal?
The most common form of government theft is adulterating the currency.
There is an old bumper sticker that reads, "Don't steal! The Government doesn't like competition." Folk do not often contemplate that an entire government could be devoted to theft. Yet why should it surprise us? Sin and evil continually breaks forth out of the human heart; it is desperately sick (Jeremiah 17:9). Christ alone can cleanse it, making men new--regenerating them.
When unregenerated men gain control of a polity it is the most natural thing in the world for their addiction to sin to be woven through government policies, laws, and regulations. Why, then, ought it to surprise us that governments should do evil? Why, then, should we be shocked when governments steal?
The most common form of government theft is adulterating the currency.
Labels:
Currency,
Economics,
Inflation,
Quantitative Easing,
Theft
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