“Find out just what any people will quietly submit to and you have the exact measure of the injustice and wrong which will be imposed on them…” ~ Frederick Douglass
My initial line weeks ago was that I am not paranoid about the virus. I am paranoid about the paranoia.
Politicians love power. When people are fearful and dependent, politicians will be more than happy to exert their power over their subjects.
It is not surprising that the most totalitarian crackdowns are coming from mostly leftist cities and states. Illinois, San Francisco, and New York City are good examples. These are places where you have people who worship the likes of Fidel Castro. The politicians aren’t enslaving the people. The people are enslaving themselves.
According to the White House, we are looking at some kind of student loan deferment program, company bailouts, and direct cash payments to Americans. Who needs Bernie Sanders?
The government will spend more money while collecting less in taxes due to the major slowdown in economic activity. It won’t surprise me if the deficit exceeds $2 trillion this year.
If the government wants to hand out money to everyone, why stop at $1,000? Why not one million dollars for each person if it will help so much?
If the government hands out “free” money, then maybe it is best to just instantly buy gold with it.
This whole thing gives some vindication to the prepper community. I think we’re all in trouble if there is ever a major breakdown in the division of labor, but there is something to be said for having a couple of weeks extra in supplies.
The government and Federal Reserve will blame the bad economy on the virus. Unfortunately, many people will accept this explanation without realizing that the economy would have been in trouble anyway without the virus.
If the Dow ever goes below the 10,000 mark, maybe I will buy a stock index fund.
One thought on “Libertarian Thoughts on the Coronavirus”
One thought on “Libertarian Thoughts on the Coronavirus”