The perpetual question: Do people exist for the state? or does the state exist for the people?
But the state exists for the people.
Excellent presentation - Charles Hugh Smith On The Intensifying Pension Crisis:
Small government is beautiful. Why?
Government, by definition, depends on private business for its income.
Where does government income come from? Taxes on private business and private individuals.
Overtaxing private business and industry destroys incentive for production. This also destroys government (public) income.
So, what is the role of a federal government?
...Is the federal government a deferred power? Does it derive its power from its member states?...[Yes.] ~ Joseph P. Farrell
The role of the federal government is to support its member states by ensuring transportation, access to transportation, border defense and payment systems.
An overgrowth of government is a red-flag signal of: 1.) central bank manipulation and 2.) economic decay.
The Federal Reserve is a private organization, not a Central Bank
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Central banks are mis-named because they are not public organizations. They should be public. If they exist at all, central banks should be part of a small, well-run public state organization (for the people).