There's no way to rule innocent men. The only power any government has is the power to crack down on criminals. Well, when there aren't enough criminals, one makes them. One declares so many things to be a crime that it becomes impossible for men to live without breaking laws. Who wants a nation of law-abiding citizens? What's there in that for anyone? But just pass the kind of laws that can neither be observed nor enforced nor objectively interpreted and you create a nation of law-breakers - and then you cash in on guilt.
Ayn Rand, Atlas Shrugged
Under the enormous pressure of the ECB and IMF and just about anyone who has any kind of stake in Greece at the moment, the powers that be are rolling out the only weapon they ever really knew how to wield, guilt. Over decades of laws and counter laws and the plugging of loopholes and the creation of favours, what Greece is left with is an unholy web of legislation that few understand and is almost inapplicable even by those whose job it is to impose it. Instead we have arbitrary demands based on the understanding that they are quite aware that you have a lot more to lose if they were to rigorously audit you.
Dear Blogees, Watch this, a renowned economist, Richard D Wolff gives his views on the present economic crisis.
So, stop me if I've got this wrong. We have a apparent deficit of currency, cash, the medium of exchange that was created to make commercial transactions more portable (very difficult to give you a heard of sheep for your 20 acres when we're in different ends of the country) despite the fact that we, I mean as a race, a nation, a economic future have enough to cover all the shortfalls. The resources that they represent have been used or still exist and inflation will dwindle their correlation.
Currency is a very abstract concept, especially if you consider that the gold standard is now but a myth. Credit allows the liquidation of non-existent currency. Basically money is something that has no intrinsic value other than its value of faith which is unsupported by a tangible resource (even gold only has a perceived value).
What I'm trying to say is that something that is not really in short supply and does not sustain life i.e. we can't eat it, drink it, use it for shelter is removing, on mass, peoples' ability to eat, drink and have shelter and that something was created to make life easier.
Go figure!
check out this link (couldn't get it to be embedded) worry not it's BBC
