“Because governments are essentially a way for the insiders (who control the police power of the state) to take power and money from the outsiders. Cicero once described the two groups as the ‘Optimates’ on one side and the ‘Populares’ on the other. You might also think of them as the elite and the hoi polloi…or the privileged classes and the riff-raff. The critical difference between the two is that the elites…the optimates…the insiders…have the government in their pocket. The others do not. Bullion-based money is a natural limitation on the ability of the elite to rob the rest of the population.”
You must be logged in to post a comment.