Orwellian Austerity
In this Russia Today snippet, financial muckraker Max Keiser is scratching the surface of something very interesting. In discussing societies that engage in ‘financial repression’ Keiser sees a US in which saving money is not only considered passe, but is actively discouraged. And while it could be argued that we’ve already been doing this for over a decade, imagine a future in which more draconian penalties are associated with those who refuse to live paycheck to paycheck. It’s not much of a stretch to imagine a government that would seek to punish the un-patriotic activity of selfishly holding back one’s savings rather than dumping it into our economy of debt.