[Skybird]

They have good chances to get away with it, because historically they have gotten away with it most of the time. The 20th century alone saw 29 hyperinflations, defined by the academical criterion of prices and inflation rising by at least 50% per month.

Also, all papermoney systems, since almost one thousand years and since the Chinese tried to experiment with that before any other civilisation - they all have failed. All. A few candidates were wise enough to return to a "Warengeld" (a currency basing on something like the Gold standard) whe there still was the chance and some time left, and were able to evade the worst case scenario that way. But most pushed the obsession to the limits, right down to the most bitter of all bitter ends, and got hit then by the worst possible blow when things collapsed. That is what the Euro-freaks and in general: governments today seem to be determined to repeat once again, maybe with exclusion of the Chinese, who maybe are preparing a gold standard for their currency, there are indications for that. Criminal, megalomaniac idiots. They could know it, if they would care to read a history book or two.

State bankruptcies there have been much more often than hyperinflations. Since 1500, practically every major European power has run bankrupt not just once, but several times.

Payed for this always was by the private property owners, the middle class, the trading class. Gold possession was forbidden, even silver. Taxes were introduced to rob sellers of banned property after the prohibition ended - to turn their items into cash, they had to accept punishing taxes. House and land owners often were ruined. Bonds, of course, were worthless anyway. Stock papers often targetted, too.

If they want to go after you,m they really go after you. There is no defence but civil war. I am no longer in the camp of those who would oppose it.

Civil disobedience, tax evasion, could be argued to be moral imperatives now. Anything that helps to destroy a criminal, irresponsibly acting, highly dysfunctional state, cannot be opposed for merely ethical reasons anymore. Fighting off a criminal offender and looter, a raider and liar, a burglar and fraudster, is self defense. Refusing cooperation with him helps to dry out a rotting swamp filled with bad smells and bugs carrying diseases.

These states must go. Plain and simple. Politics and money must be kept separate, at all costs. Any currency must represent real value, but papermoney always is worse than cancer. Shut down central banks.

If politicians do not accept any of these conditions, kill them immediately. Do not let them get close to the money, or worse: the money printers, never, under no circumstance, like you would not let a dog with rabies run around on the playground of a Kindergarten. The benefit of doubt does not count anymore,. The guilt and irrationality of the political class has been so often proven beyond all doubt.

BTW, I read repeatedly in the past weeks that around two thirds or more of bankers and stock managers expect another major stockmarket crash within the next 12 months. It will be bigger than 2007/2008, most of these assume. AFAIC, I expect another big crash within that timeframe, too. regarding the Euro, I give 10-15 more years at max. Possibly that it explodes into our faces much earlier. But until then the looters will try every crime and lie and stunt and cheat possible to delay it and preserve their power some days longer, increasing the final bill.