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AnnR's avatar

I'm not an economics expert, but it seems to me that the silver lining (to the extent their is one, considering they will likely starve us to death), will be that people will immediately stop paying their local real estate taxes, and income taxes - it will force government at all levels to implode. That's a good thing. People will realize they didn't need 90% of what their towns/state/feds were "providing" taxpayers through their confiscatory property taxes. And good luck finding courts that will allow the city to "take" your property - Judges won't be getting paid either.

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Spider25's avatar

Weimar Germany had the food police to raid people hoarding food. It’s unimaginable how bad things get during a psychological event like hyperinflation.

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JohnSmith's avatar

Banks and govt will use administrative procedures to confiscate accounts and other property for back taxes just like they did in the 1930s. They might even accuse you of being a "domestic terrorist". Good luck finding a court (and hiring a lawyer) to challenge their action!

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AnnR's avatar

I'm certainly not advocating for anarchy - but the government is on the path to destroying itself - because WE are the government, the PEOPLE are the government - when those leading this country (our government) destroy the people, it destroys itself.

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JohnSmith's avatar

The American Republic was a fragile construct from the beginning, and was gradually subverted over many decades. It has been fundamentally re-structured and is no longer accountable to "we the people".

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