MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘gold confiscation’

Turkey to Confiscate Gold in New Clever Way – To Help Citizens Earn Money | Armstrong Economics

Posted by M. C. on April 13, 2017

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/turkey-to-confiscate-gold-in-new-clever-way-to-help-citizens-earn-money/

This clever scheme means that the government cannot borrow internationally, so it now wants to confiscate people’s gold using a bond scheme that in the end they will be forced to default. This will be a major test of the saying: You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time*.
It happened here under FDR. At the rate government is taking away rights it won’t be long before it tries again to take your gold again.

Be seeing you

Posted in Uncategorized | Tagged: , | Leave a Comment »