68 sats \ 4 replies \ @Fabs 25 Apr \ parent \ on: Civil Forfeiture And Samurai Mixed Bitcoin bitcoin
"Governments became more effective in modern times (through the use of socialist policies) at keeping the populace content "just enough" so that widespread discontent does not happen on any issue (like "magic internet money")."
I imagine that the populace will experience "widespread discontent" soon enough if they don't manage to get a grip on inflation, and the latter will prove interesting to said individuals.
I don't know, man. Never in history has hyperinflation led to a permanent collapse of a government, only replacement with another, which eventually becomes just as shit as the previous one.
I fear they will just paper it over with more handouts. They'll invent something like "inflation compensation scheme" and normalize the fact that inflation numbers are out of control but handouts are keeping up, and you can still put food on the table, so everything is A-OK.
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You certainly might be right. That is what has happened in the past. It really feels like America is on some sort of brink, though.
I don't think it's far-fetched, at all, that America could dissolve as a nation. What is far-fetched is that the remnants won't be some sort of nation states.
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