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i think you forgot to add "communist" in your response. Normally people like to write "authoritarian communist government" to make it sound really bad. So lik

i think you forgot to add "communist" in your response. Normally people like to write "authoritarian communist government" to make it sound really bad. So like the people of China want crypto banned, and the government does it and this is BAD. whereas the rest of the world adds fuel to this ponzi scheme and this is good? Tell us, when the US outlawed ownership of gold under executive order 6102 was this "authoritarian" because it is unclear that the people voted on it or asked for it?

effie 4y ago
You're mocking him, but he was accurate - it is authoritative government, even more so than in the West. I'd say expropriation of gold was authoritarian, i.e. undemocratic, because it was done by president, not Congress. US, with its strong president, is not a perfect democracy, powerful groups/president can do things that demos does not want. That's not claiming it was a bad decision or policy. There were probably good reasons for that step, and it may have helped the country.