Another round in our enumeration of dos and don’ts
“A governemnt not defending privat property rights is doomed to fail”.
Examples, one very actual Zimbabwe. The land owners were expropriated (from a total corrupt political “elite”), the inflation rate is
not at 231 million per cent. So you can say, the only value of that currency is the paper value of their notes.
So the “elites” have taken it all for themselves so in fact there is hardly “support” for private property. It was seizef from the people.
Currently in Germany the figure for it is around -10 (we have some strange things in our Grundgesetz, so with enough interest of the “public”,
one can be expropriated, without a “proper” compensation, it’s not complete arbitrary but arbitrary enough to subtract from guarentee to private property)
We also have death duties here and this can be extremly high. See e.g
So up to 50% can be “taxed” away. That is way beyone any reasonable guarantee to private ownership.
It means also you have to triple or quadruple your fortune during your lifetime. One half will be “eaten” by inflation (fiat-money !!) the other hals seized after your death….