“Bad money drives out good.” When governments were secure enough to allow people to have money with intrinsic value, the edges of coins made of precious metal were often shaved. The tiny shavings were collected by unscrupulous money-changers.
People who had real money tended to keep, and even hoard, coins that had full weight, so the coins in circulation were of ever-less value. Hence, “Bad money drives out good”.
A variant of Gresham’s Law: “Bad public officials drive out good.” When good politicians discover that they cannot stop other politicians taking bribes, they tend to leave office. “I do not want to be tarred with that brush.” Others say, “If everybody else is doing it, what harm is there if I do it?” The thought of putting a few million dollars in a safe place is always tempting. Again, “Bad public officials drive out good.”
When this happens, there is a decline in the morals of politicians, and more money is stolen. This drives more good people away, and the jurisdiction sinks more deeply into the effects of lies and thefts.
History gives no instances of societies who were able to recapture lost morality. But, societies do survive moral collapses. How?
Rome went from monarchy to republic to triumvirate to dictatorship. We are going down the same road, and are currently between republic and triumvirate. Frankly, the experience with democracy has not worked well, so the next step will be sooner than we think.
If the takeover happens before our citizens are disarmed, we will be ruled by someone like General Franco. If the takeover comes after we are disarmed, we will be ruled by someone like Lenin.
The people who are trying to disarm us already know whom they like to have running things. They also know from the history of leftist takeovers that the leftist ruler will kill many of them. They are so blinded with hatred that they do not care if they die, if only millions more do, too.
