Re: Financial topics
Posted: Fri Dec 20, 2019 4:04 pm
https://www.youtube.com/watch?v=fMJRsd8SrhU
Both local camps will not like the answer.
Some may begin to understand why its still on paper and pencil on the topic above.
Identity politics is always spin some.
The term concrete action will suffice.
Below as monitored.
According to the monetarist view, what buried Rome was inflation stemming from government spending and adulteration of the coinage, coupled with what Mikhail Rostovtzoff deemed to be over-taxation of the middle class. But what actually led to fiscal and monetary breakdown in the every major society from Babylonia through the Roman and Byzantine empires to more modern times was the ability of large property owners to break free of taxes. The Roman treasury was bankrupted by wealthy landowners using their control of the senate to shift the fiscal burden onto classes below them. Lacking the means to pay, these classes were driven below the break-even point. As debt deflation drained the economy of money, barter arrangements ensued. Trade collapsed and the economy shrunk into local self-sufficient manor units.
Since we got here in 1641 lead was currency backed by gunpowder to assure we are left alone to prosper and add value.
Missing sleep from standing watch and working inclines to enforce the views to what is.
Marxist are unable to be convinced otherwise charity is from abundance not the evasion of logic.
Both local camps will not like the answer.
Some may begin to understand why its still on paper and pencil on the topic above.
Identity politics is always spin some.
The term concrete action will suffice.
Below as monitored.
According to the monetarist view, what buried Rome was inflation stemming from government spending and adulteration of the coinage, coupled with what Mikhail Rostovtzoff deemed to be over-taxation of the middle class. But what actually led to fiscal and monetary breakdown in the every major society from Babylonia through the Roman and Byzantine empires to more modern times was the ability of large property owners to break free of taxes. The Roman treasury was bankrupted by wealthy landowners using their control of the senate to shift the fiscal burden onto classes below them. Lacking the means to pay, these classes were driven below the break-even point. As debt deflation drained the economy of money, barter arrangements ensued. Trade collapsed and the economy shrunk into local self-sufficient manor units.
Since we got here in 1641 lead was currency backed by gunpowder to assure we are left alone to prosper and add value.
Missing sleep from standing watch and working inclines to enforce the views to what is.
Marxist are unable to be convinced otherwise charity is from abundance not the evasion of logic.
