F Dominicus Blog

Three things a state should not do

Well you might think how could that be true. Well the point if if you do not let the people decide and work for themselves. Then nobody will know what the people really want. And always any of the above points leads to higher prices. There is not escape. If you forbid something, the alternatives are more expensive.

You may ask what of the above points it the worst. Well you can't tell really. If you can escape the manipulation of an offer, you might reach your goal on a different way. You can see this e.g with the demise of the light bulbs. They are "forbidden" you can use some "energy saving alternatives". Well they are around 10 time as expensive as the old light bulb. But you can "escape"

For the second in Germany we have an excellent example. The renewable energies. Well they are subsided and the alternatives are highly taxed. So you can bet the prices will raise and indeed we have some of the highest raises in prices the coming year. It can't surprise anyone just able to add 1 and 1, but it's impossible to accept for deledefs.

As you can see currently the fiat-paper monopolies lead to catastrophes. The people are getting more indebted every second. That can't work and it will break down complete economies.

If you really do not believe that you should check history. You'll see in some way or the other the authorities have broken the above rules. You can do that in the beginning with very less implications, see e.g starting collecting debts for the state budget. The debts were so tiny that, it really does not hurt. But then the debts piled up. And now even a normal interest rate would not be bearable for quite a few countries, among them the USA. And so the FED prints money faster and faster. Anyway you can not get heat out of a compression with more compression. We are coming to a natural end of the manipulations. Countries do break down regularly it's just that in the near past countries broke down which haven't such a big economy as e.g the USA or EU. You see how problematic the break down of Greece really is. Not even 2% of the BIP of the EU countries, and it will tear apart the EU (in the end)

This just because the money system is not really a money system but a credit system. People have bear interest for freshly created money. That can't work also, as we know from the Austrian school economists.

And you can also see that one manipulation just enforces the next. And so we are in a spiral of regulations, which no-one can oversee any more. So the criminalization is just growing. Everyone is a suspect of being a terrorist in the US. The financial authorities do not stop for black-mailing or anything. If you are a US-citizen you all you accounts must be published to this gangster. That's a thing which an not work in the long run.