Gold, Freedom and the Fed

As taxes go higher, the taxpayers starting getting upset. Tax resistance and tax revolts becomes more popular, inducing the IRS to more severely crack down on people by sending more of them to jail, producing more anger and resentment. High taxes have even been known to result in revolutions. In a democracy, high taxes create a problem for incumbents because a disgruntled citizenry tends to vote them out of office.

So, what's the solution to this problem? It's simple. The grandiose big spenders simply go out and borrow the money to cover the difference between what they're spending and what the IRS is collecting from people.

Government shenanigans and how they affect us.