PRINCELY FINANCE AND TAXATION

One would have hoped that financial rip-offs committed by medieval princes would have been permanently shelved when liberal enlightenment ended the divine right of kings. Instead, some kind of divine right of bureaucrats has forced too much in-your-face and in-your-wallet government. Today's version of greedy royalty. And the remedy lies in popular uprisings against bullying government. Continuing threats by Fed Chairman Reckless to use the "printing press", "helicopters" and even "Repos" and imagined "bazookas" as well as today's "COVID" to inflate anything should be considered startling only in the resort to honesty.  Euphemisms for currency depreciation started with the original promoters of the Fed and the tout was that a "flexible" currency would prevent serious financial contractions.