January 30, 2024

Watering Down

"Strictly speaking, it probably is not "necessaryā€¯ for the federal government to tax anyone directly; it could simply print the money it needs. However, that would be too bold a stroke, for it would then be obvious to all what kind of counterfeiting operation the government is running. The present system combining taxation and inflation is akin to watering the milk; too much water and the people catch on.

Ron Paul

Tim adds:

At what point is it still milk and not water? We are reaching that stage with the dollar now.

Posted by: Timothy Birdnow at 12:54 PM | Comments (1) | Add Comment
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