There are 2 paths a populist government can follow, left and right. Both governments persecute outsiders to the benefit of insiders. Both realise that taxation

There are 2 paths a populist government can follow, left and right. Both governments persecute outsiders to the benefit of insiders. Both realise that taxation isn't a viable strategy. In the leftist case, the outsiders are the rich and the insiders are "99%", they use deficit spending to remain in power. In the rightist case, the outsiders are wealthy foreigners and the insiders are their own citizens, they use expansion and conquest to remain in power. Fiat currency enables leftist policies, hard money encourages rightist.