After reading articles from the past, and investigating papers on Mises, the thought of a collapse seems incorrect.
There are articles from forty years ago lamenting about the ballooning federal deficits, rising prices, etc. But all of this is based on a fiat currency. Something not real. So why would it matter. That the deficit is six fauxdollars or six trillion fauxdollars; how many angels can dance on the head of a pin?
No I see this future:
Faux Assets from those who have the power to create fiat dollars, accumulating more and more hard assets as well as the rights of future hard assets. With the end games being not slavery, but indebted servitude. Education loans, health rationing, housing subsidies; similar to China. There will be a loss of private property, and a loss of liberty, mostly for Americans, as Europeans already lost most of these basic human rights, but no collapse. No more autos - mass transit, or rented autos. No more 'homes', property taxes and mortgages; with your property seized for medical costs. Little control over retirement, disposable income.
But no collapse.
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us