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Jim C.
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The Coming Isolation of USDollar

- Jim Willie CB - Hat Trick Letter

VOX:

Sound money and individual rights ARE directly related. If one is not free from government or criminals to keep the products of one's efforts, where is the incentive to even make the effort? Wealth will not then be created, accumulated, invested. Such is the case in socialist societies as I'm sure you're aware of. The plight of North Koreans is but one example.

And the rise of the West, with America as its latest expression, is directly proportional to the realization of the individual's innate freedom to create and keep property -- and its downfall to the dismantling of that principle.

Naturally this is not a black and white distinction as many civilizations in the past have been successful -- but only to the extent that the above principle was observed. America was the first nation to codify and implement individual freedoms on a grand scale -- with the explosive success it has had.

Re Saudi Arabia: their wealth rests not on what they've done, but primarily on their oil resources -- initially developed by the West and Western technology.

But remember that though individual rights and sound money are related, there is no guarantee that success will follow. Individual can make mistakes, investments may fail, jobs can be lost. There will be ups and downs. But the aggregate of a nation of individuals working for their own benefit results in general overall progress.

Commented 4124 days ago

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Beginning of the headline :The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals. Eventually decisions must be made on the level of acceptable risk on the removal, like what is willing to be lost or damaged or killed in the process... Read More

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