By: Martin A. ArmstrongFormer Chairman of Princeton Economics International, Ltd. Copyright April 11
all rights reserved
once said that
“Nothing iscertain except death and taxes.”
Thereis no question that
is oneof the top 100 men in history whom Iadmire the most. He was put on trial atthe
in England and thevenom of the prosecutor left such abad taste in his mouth,
, who had supportedthe King, now supported revolution.
gotthat firsthand look into the eyes of tyrannywhere corruption abuses power. But
didnot understand the historical ravages of inflation and what happens when you reach theother side.
was not the historian. That rolewas filled by
who gathered allthe knowledge he could find in Europe and sentevery book back in a trunk to America to aid inthe drafting of the Constitution.
was thescientist. He was renowned in Europe for hisinvention of the Lightening Rod that protectedbuildings. The other side of inflation he did notstudy.If
had been that historian, he would haverealized that his statement was not entirelycomplete. Yes, death is certain as is
government’s desire to exploit its people with
taxes. But this certainty also leads to taxreforms, revolutions, or civil unrest. Then youreach the . That iswhere tyran
ny takes on a whole new meaning.It is normal for history to be generally ignored.This has been so because mankind is justarrogant, and mostcertainly stupid enough tobelieve that somehow we are moresophisticated today than our ancestors everwere centuries ago, so history offers nothing.
Niccolò di Bernardo dei Machiavelli(1469
who had the insightful talentto see why history repeats. He summed up theproblem better than anyone else. He saidhistory repeats
neverchange with time. So the g
reed for poweralways unfolds with the same result. Those whoseize power directly or indirectly, refuse to seethe consequences of their self-interests.