Cryptocurrency: The Breaking Point and Death of Keynes

grarpamp grarpamp at gmail.com
Thu Aug 20 01:09:26 PDT 2020


https://www.youtube.com/watch?v=d0nERTFo-Sk  Keynes vs Hayek
https://realinvestmentadvice.com/the-breaking-point-death-of-keynes/


"A democracy is always temporary; it simply cannot exist as a
permanent form of government. A democracy will continue to exist
until the time voters discover they can vote for generous gifts
from the public treasury. From that point, the majority always votes
for the candidates who promises the most benefits from the public
treasury. The result is that every democracy finally collapses due
to loose fiscal policy, which is always followed by a dictatorship.

The average age of the world's greatest civilizations has been about
200 years. These nations always progressed through this sequence:

>From Bondage to Moral Certitude;
Moral Certitude to Great Courage;
Great Courage to Liberty;
Liberty to Abundance;
Abundance to Selfishness;
Selfishness to Complacency;
Complacency to Apathy;
Apathy to Dependency;
                      <-- You are nearer to here, rather than first 5 above
Dependency to Bondage.

-- Alexander Tytler (supposedly, or not)"
https://realinvestmentadvice.com/tytler-cycle-why-more-government-help-leads-to-less/
https://en.wikipedia.org/wiki/Alexander_Fraser_Tytler,_Lord_Woodhouselee


Consider how many countries, including yours, are
currently in the latter stages of this well worn cycle.

Next time, rather than harkening for and repeating
same old systems and tries, which have already
been duly tried and failed in every way since history,
try learning and living some things never tried before.
Does not cypherpunks say to see the things
nearest to [Crypto]Anarchism.


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