Tuesday, January 1, 2013

The cycle


How many times till we learn?

1) In an environment of relative freedom, entrepreneurship and trade produces wealth and prosperity.

2) Increased wealth and prosperity leads to increased tax revenue.

3) Increased tax revenue leads to a stronger state.

4) Increased state intervention and restriction cripples economic activity.

5) The state outgrows the economy and eventually collapses from overreach.

6) In an environment of relative freedom...

1 comment:

Blogger said...

Invest in Ripple on eToro the World’s Best Social Trading Network!

Join 1,000,000's who have already discovered easier methods for investing in Ripple...

Learn from experienced eToro traders or copy their trades automatically.