By Chris Rossini
The recent tax riots in France provide us with a reminder as to why governments all over the world have central banks at their disposal. The primary benefit for politicians is to have their very own printing press that spits out new money to pay for whatever the politicians want.
Without the printing press, politicians would be forced to tax people directly. The people get the bill right away, and know that the bill is coming from the government.
Take France's new scheme that substantially increases taxes on fuel. The people are getting hit directly with the tax, and they can see with their own eyes that it's the government who is hitting them.
In this case, the direct tax has led to riots in the streets of France.
Direct taxes are never popular. No one likes to see their earnings squandered away by bureaucrats. On the flipside, bureaucrats want as much of your earnings as they're able to take.
That's why it's so popular (especially in the U.S.) to have a central bank (i.e. Federal Reserve) that creates new dollars out-of-thin-air to pay for every political scheme in the book.
When the Fed creates new money, citizens are not directly presented with a bill. Instead, the newly printed dollars go to pay for the wars and welfare.
Can you imagine if Americans received a bill in the mail for their portion of the 17th year of war in Afghanistan, or for all the "free" stuff that government hands out?
Americans would literally go nuts if such a bill were to come.
The bill does come, just in a very different way.
Americans see the bill in rising prices for pretty much everything that they buy. They see the bill with having to get two jobs. They see the bill in a lower standard of living each year.
Because the Fed creates money out-of-thin-air, the money that you currently have in your possession loses value. It buys less. That's how you pay. You're taxed without even knowing it!
It's so sneaky that one of the champions of this reprehensible "system" once boasted that "not one in a million" people will ever figure out what is happening to them.
When prices rise, the government can merely point to some made-up scapegoat.
It's the greedy businessman ... It's the weather ... It's Putin! ... Whatever nonsense that happens to stick.
Instead of Americans protesting government's endless taxation, they just complain that they can't make ends meet and blame whoever government wants them to blame (i.e., whoever government's mainstream media puts the target on).
The government and The Fed are ripping us off ... Big time ... All the time.
Be one of the '1 in a million' who understands this, and speak out against it.