The Worlds Leftist Leaning governments sell their populations on the concept of fiat money.
They embrace the Keynesian economic theory that printing massive amounts of paper money will solve the world’s daunting economic woes, when in fact the printing is a core problem with the system.
Over time, most currencies lose most of their value.
Inflation runs rampant, destroying the middle class. This has the effect of handicaping the most productive people in society; the primary segment in society that produces more tha they consume.
The negative economic climate leaves succesful corporations with $billions in cash, reluctant to expand in the turbulent environment.
Rather than hold large sums of currency, they use the “stimulus” money to but their own stock, or to fund mergers and acquisitions.
This infusion of corporate cash into the stock markets, results in a stock market boom in the midst of a spreading depression.
The U S Government, believing that it has the obligation to “make everything fair, and to spread the wealth” embarks on new draconian ways to control the economy.
Price controls.
Wage controls.
Limiting Corporate compensation.
Eliminating corporate tax write offs “labeled tax loopholes” takes away incentives for investments in new technology
Petroleum products become increasinglt expensive and rationing becomes the accepted norm.
A Government agency is set up to enforce the mountain of new laws and regulations.
The population becomes increasingly dependent upon the government for survival.
Politics becomes the best way to manipulate the masses, and the surest way to accumulate wealth at the public trough.
The flow of people fleeing the United States turns into a Tsunami, as life becomes increasingly grim and restrictive.