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S W
Member since May 2012
668 commentaries - 5 followers

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Drifting into fascism

- Alasdair Macleod - Finance and Eco.

Good article.
It seems like we are all sleep walking into allowing government control over everything we do.
In Australia there has been talk of banning the $100 note.
Hardly anyone uses cash even to buy a cup of coffee.
It is convenient to tap and go, but the reality is that digits are just another legal tender.
Sleep walking into a nightmare of state control is a distinct possibility.

Happy new year !!

Commented 2664 days ago

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Beginning of the headline :Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because they are elected to promote the public good.The reality is very different, with governments acting not in the interests of their electors, but in the interest of the preservation of the administration. And the size of the administration is proportional to it... Read More

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