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<p>[QUOTE="medoraman, post: 1938570, member: 26302"]You might be thinking of when a Roman army sacked a Roman city that was in active rebellion, or was ruled by a rival emperor. It may have happened then, but only if the sack of the city was due to military struggles, not just to pillage it.</p><p><br /></p><p>I hear what you are saying about similarities between us and the fall of Rome. I tell people the similarities all of the time. The western empire had three classes of citizens, the plebiscite taking handouts in the cities, the really rich landowners, and the middle class small farmers. It's a simplification but close enough. The Romans themselves stopped wanting to serve in the military, so the Romans had to hire mercenaries. To do so, they kept raising the taxes year after year. When they got too high, the rich simply hired soldiers to kill any tax collector coming on to the property, and the poor didn't pay taxes, they simply demanded more and more free stuff. So the burden of the higher taxes fell on the middle class small farmers. Problem was, there is a poino where people see the poor are living better than those working hard, and decide to just give up and become one of the poor to get stuff for free. So, the class, and the tax base, just whithered away. By the end, they estimate over two thirds of all small farms were simply abandoned, producing nothing, because of overtaxation.</p><p><br /></p><p>So I understand your point, and can put it in an historical context. I point this out all of the time. I hate the path this country is on. I simply believe, though, that pm isn't the store of value it once was. In the scheme of things it's not the huge reserve asset it was in antiquity. As such, I just do not believe the US will try to forcibly take my junk silver.</p><p><br /></p><p>If you do believe it will get bad enough the US will be forced to liquidate granny's brooch, and all other sdb items, you are free to do so. I simply believe they have way easier ways to steal from the middle class, ways that would not cause a major backlash. I still believe it will be prudent to own pm in such a situation, as protections against inflation, which is governments penultimate theft of wealth.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1938570, member: 26302"]You might be thinking of when a Roman army sacked a Roman city that was in active rebellion, or was ruled by a rival emperor. It may have happened then, but only if the sack of the city was due to military struggles, not just to pillage it. I hear what you are saying about similarities between us and the fall of Rome. I tell people the similarities all of the time. The western empire had three classes of citizens, the plebiscite taking handouts in the cities, the really rich landowners, and the middle class small farmers. It's a simplification but close enough. The Romans themselves stopped wanting to serve in the military, so the Romans had to hire mercenaries. To do so, they kept raising the taxes year after year. When they got too high, the rich simply hired soldiers to kill any tax collector coming on to the property, and the poor didn't pay taxes, they simply demanded more and more free stuff. So the burden of the higher taxes fell on the middle class small farmers. Problem was, there is a poino where people see the poor are living better than those working hard, and decide to just give up and become one of the poor to get stuff for free. So, the class, and the tax base, just whithered away. By the end, they estimate over two thirds of all small farms were simply abandoned, producing nothing, because of overtaxation. So I understand your point, and can put it in an historical context. I point this out all of the time. I hate the path this country is on. I simply believe, though, that pm isn't the store of value it once was. In the scheme of things it's not the huge reserve asset it was in antiquity. As such, I just do not believe the US will try to forcibly take my junk silver. If you do believe it will get bad enough the US will be forced to liquidate granny's brooch, and all other sdb items, you are free to do so. I simply believe they have way easier ways to steal from the middle class, ways that would not cause a major backlash. I still believe it will be prudent to own pm in such a situation, as protections against inflation, which is governments penultimate theft of wealth.[/QUOTE]
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