3 ms·
partially true, you are talking about Fiat money, and it is true that it is a fairly modern invention. Taxation was more abusive system prior to Fiat money, you
by doron 16y ago
partially true, you are talking about Fiat money, and it is true that it is a fairly modern invention. Taxation was more abusive system prior to Fiat money, your local lord, or city state with its self issued currency, it was not a rosy experience always.
- dualogy 16y agoDepends on historians interpretations mostly -- as in any case there are instances that support your point and those that refute it, and there are historians who come to your conclusions and those that come to the opposite ones. By necessity, local landlords and smaller communities were in a much stronger "competition of sorts" with their neighboring "jurisdictions", more effective than our grand nation states with their inter-national tax agreements. Some of them were nasty bastards, but the next one presumably less so. They seriously couldn't indebt themselves and keep raising taxes quite as abusively as today's nation governments do, the world over, and didn't. You do realize than sub-10% taxes were the default scenario in these times long past, and in many European provinces they were in fact paid voluntarily, for real armed protection services that could be denied if you chose not to pay them, but weren't forced to. References / citations? Read Hans Hermann Hoppe's Democracy book, it's full of them.
- doron 16y agothanks for the reference, in turn i offer Nial Ferguson excellent - the ascent of money. fantastic overview, if only for the analysis of the dramatic effect of fibonacci, and the ascent of the Medici family.