GIM Founding Member & Mod.
- Oct 15, 2012
So fast forwarding to modern times, the occurrence of a R3volution today (in the US) is close to zero regardless of the temperament of the citizens ?
Their called commoners for a reason, not leaders! And this stands to reason, as the most aggressive, smartest and greatest educated will usually rise to the top. Wealth is benefit and is the distinguishing factor in a neo cosmopolitan society....
Why would this class revolt today? The Fed and the political machinery are literally missing this classes asses to prevent such events from transpiring....
There is almost no risk in making poor people poorer.... but there is great risk in making the rich to wealthy classes FEEL poorer... thats the beauty of the hidden laws of inflation, the net wealth continues to increase NUMERICALLY, creating the "wealth effect" while the purchasing power of that accumulated wealth dimishes....
Its the driver for the bubble economy.... keep the rich & wealthy happy even at the expense of the middle & poor classes.... for it is always the rich & wealthy whom overthrow the status quo, not the I.Q. 100's....however it is the I.Q. 100's who will fight & die at the hands of the propaghanda by both sides = cannon fodder = collateral damage!