What about taking our economic energy out of the system? Still working but not storing wealth in bank accounts or other financial instruments on fiat rails. This is a form of non-violent economic protest that will eventually put pressure on gov and send a signal to other people (as will the rich leaving). Can be bitcoin or gold, but needs to be outside money. Support the value for value economy and businesses that transact on non-fiat rails or pay in cash. Use all legal methods to reduce tax (especially inheritance). Money printing, heavy taxation and regulation are killing this country - we can’t afford to take risks and innovate & time preference is being compressed towards the present. We need a gov bonfire (which I don’t think is going to happen - look at Doge) or it’s gonna be some sort of reset in the medium term (whether it’s mandibles decline, revolution or digital IDs/CBDCs). My personal bugbear is the money printer and taxation are destroying the ability for people to create intergenerational wealth and prosperity - each generation is effectively starting from scratch and fighting to reach the bottom of Maslow’s hierarchy of needs their whole life (shelter). At the end of our lives any significant excess is taken and our children and children’s children are having to waste their lives on this same ridiculous treadmill, rather than having the ability to focus on other more productive enterprises/businesses. The whole system is a collective madness. I don’t know what the long term solution is - rules written on paper can always be bent or broken over a long enough time period and governments will always use the leverage available to them resulting in a slow creep towards centralisation of power. I think the separation of money & state is the lynchpin for a more prosperous future with more balanced government - control of the money is their ultimate source of power.
PMQs #005 - The People vs The State
This country doesn’t work anymore and I don’t believe we can just vote our way out of this. In this episode I talk about constraints of power.
Watch on YouTube: youtu.be/QQsvF2QJohY
Listen on Spotify: open.spotify.com/episode/6ycMzB…
Other Platforms: https://linktr.ee/PeterMcCormack

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