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There are those who keep insisting that there be a return to the gold standard
without serious unrest and collapse. What they do not realize is that such propositions are really a call to arms. Government will not return to a gold standard because it would be a loss of power and overturn the very nature of how our republics (not real democracies) actually function….Words: 308
So says Martin Armstrong (http://armstrongeconomics.com) in edited excerpts from his original article* entitled Confiscating Gold & Wealth.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), may have edited the article below to some degree for length and clarity – see Editor’s Note at the bottom of the page for details. This paragraph must be included in any article re-posting to avoid copyright infringement.
Armstrong goes on to say, in part:
Whenever government is in trouble, they confiscate wealth. This is why governments are becoming very aggressive currently:
- The United States is wiping out Americans worldwide presuming anything conducted overseas is to hide money not international business.
- France has virtually destroyed the gold industry by prohibiting the buying or selling of gold for cash and raising taxes to 75% have been chasing out its most productive people.
The more they need money, the worse things will get. This is part of the Sovereign Debt Crisis. If you really think any government will voluntarily give up power, you are praying for an exception that has never existed in history.
This is the wave of Creative Destruction. We must collapse before we see reform. Sorry. There is no example in history where government voluntarily surrenders power without a crisis….There will be no return to the gold standard. This is all about retaining power.
Historically, this has never ended nicely….We must first collapse, abandon Republicanism and adopt real Democracy where the people vote on EVERY spending proposal and restraint on liberty, then and only then can we quietly look at restructuring the world economy. There will be no gain without the pain.
History is truly the catalog of solutions. A return to the gold standard without serious unrest and collapse is a story up there with the tooth fairy.
*http://armstrongeconomics.com/2012/11/17/confiscating-gold/
Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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