politics

My name is mathew.eth, and I support this message.

Within a fundamentally broken fiat monetary system that enables the kind of wealth inequality we are seeing, taxing the rich is nothing more than a band aid on a gun shot wound. Rich people will still be rich and the state will have even more money to not help anyone with, most of it will be wasted in the endless bureaucracy of the Federal Government before it ever gets redistributed to any poor people, so all you do is make the rich a little less rich and possibly force them out of the tax base entirely, make the state have more money to squander, and maybe welfare checks go up a little bit which will just be eaten by inflation. 

Instead of trying to tax your way out of wealth inequality, you have to change the entire monetary system. When the Federal Reserve creates new money out of thin air, it inflates the currency and rich people who own assets are fine with that, anybody who doesn't own assets get destroyed and can't ever get ahead.

Writer/ Crypto Idealist/ Privacy Ninja/ 
I like hard money and I dislike the state. 
Blog: paragraph.xyz/@thoughtcrimetraphouse