A currency that holds its value over long periods of time is nice but restrictive, because it limits a government’s ability to fight multiple wars and buy votes with generous social programs. So every government eventually resorts to monetary inflation, which is a combination of theft and deceit – or fraud, as it’s known in legal circles. By creating large amounts of new currency, a country lowers the value of each piece of currency in the hands of citizens, thus secretly taxing them to run the government. Then, to mask the effects of this stealth tax, governments distort their reported economic statistics to portray a world that’s healthier than the one most people experience. The goal is to siphon off as much wealth as possible while keeping the victims docile for as long as possible. The longer the con runs, the richer the people at the top become.
Government lies are so pervasive that they no longer shock. Large portions of the population are willing to believe them because not to is to recognize that they will no longer be taken care of in the ridiculous fashion to which they have become accustomed. As Mr. Rubino says:
We’re not far from the old Soviet joke, “we pretend to work and they pretend to pay us.”
For both the liars and the believers, the situation is not stable nor sustainable. Reality lurks behind the numbers and it will soon out itself, shattering the falsehoods and the society based upon them.