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created at
2025-11-29 17:53:23
updated at
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https://boriquagato.substack.com/p/the-road-back-from-serfdom
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https://thomas699.substack.com/p/the-road-back-from-serfdom
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my article the other day about the road to serfdom and the ratchets of inflation and political power providing perverse incentives laid out the problem:politicians who gain power by wrecking financial and social fabrics and gain revenues by wrecking currencies will run awful playbooks to maximize their perverse incentives and the worse they do, the more they get, which, in turn, makes things worse.it’s a positive feedback loop and those only end in starvation or explosion.so what is the solution?the solution is to take money, commerce, savings, and investment away from not only state control but from state view. in the end, the truly operative phrase is “you cannot tax what you cannot see.” it’s quite literally the only way to get a durable fix. even outright rebellion and mass movements and “putting new governments in charge with better rules etc” is not a long term solution. best case, you just reset or move back on the tytler cycle. but the cycle will remain as inexorable as th...
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el gato malo
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