That's why government hated the gold standard. If they ran out of money and couldn't print anymore, they had to extort more than they already did from the people. People would riot and lynch the leaders of the day.
Thus the adoption of a Central Bank and going off the gold standard. Now they steal it from us via inflation - something not 1 in 10,000 people understand how it works.
And I can't figure out why that concept is so frickin' hard for the fluoridated brain soupers out there to understand.
I try it like this:
Let's say you owned a printing press that could print perfect bills.
Now, would you print up a ten million dollar batch, stuff it into a sack and go on a hog wild spending spree buying cars, yachts, mansions and private jets?
No, you wouldn't, because even if your bills were perfect, just your actions alone would be enough to raise suspicions, and you'd get busted pretty quickly.
Now, let's say that you slowly acquired these things by taking out loans to finance them.
Every month when the bills came due, you'd print up a small batch of money to pay them. Of course you're paying back real debt, that's bought real assets with nothing but "funny money" that has no value.
You could give a shit, the bank's getting burned, the manufacturers are getting hosed and your fellow citizens are going to pay for it the end with higher credit prices.
But hey, you don't care, possession is 9/10s of the law.
Well this is
exactly what the fedreserve and fedgov
does every single day, except that they aren't buying cars and yachts, which at least have some worth, they buy wars, invasions and police state surveillance grids.
This is one of the Mafia's biggest cash cows right now and it's called money laundering and counterfeiting, highly illegal for anyone but government to be involved in.