{"id":5374,"date":"2010-06-19T06:16:00","date_gmt":"2010-06-19T06:16:00","guid":{"rendered":"\/Community\/blogs\/fdominicus\/archive\/2010\/06\/19\/doomed-or-blessed-4.aspx"},"modified":"2017-12-07T07:41:53","modified_gmt":"2017-12-07T06:41:53","slug":"doomed-blessed-4","status":"publish","type":"post","link":"https:\/\/www.q-software-solutions.de\/blog\/2010\/06\/doomed-blessed-4\/","title":{"rendered":"Doomed or blessed 4"},"content":{"rendered":"<p>Another round in our enumeration of dos and don&#8217;ts<\/p>\n<p>&#8222;A governemnt not defending privat property rights is doomed to fail&#8220;.<\/p>\n<p>Examples, one very actual Zimbabwe.  The land owners were expropriated (from a total corrupt political &#8222;elite&#8220;), the inflation rate is<br \/>\nnot at 231 million per cent. So you can say, the only value of that currency is the paper value of their notes.<br \/>\nSo the &#8222;elites&#8220; have taken it all for themselves so in fact there is hardly &#8222;support&#8220; for private property. It was seizef from the people.<\/p>\n<p>Currently in Germany the figure for it is around -10 (we have some strange things in our Grundgesetz, so with enough interest of the &#8222;public&#8220;,<br \/>\none can be expropriated, without a &#8222;proper&#8220; compensation, it&#8217;s not complete arbitrary but arbitrary enough to subtract from guarentee to private property)<\/p>\n<p>We also have death duties here and this can be extremly high. See e.g<br \/>\nhttp:\/\/www.internetratgeber-recht.de\/Erbrecht\/frameset.htm?http:\/\/www.internetratgeber-recht.de\/Erbrecht\/Erbschaftssteuer\/es09.htm<\/p>\n<p>So up to 50% can be &#8222;taxed&#8220; away. That is way beyone any reasonable guarantee to private ownership. <\/p>\n<p>It means also you have to triple or quadruple your fortune during your lifetime. One half will be &#8222;eaten&#8220; by inflation (fiat-money !!) the other hals seized after your death&#8230;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another round in our enumeration of dos and don&#8217;ts &#8222;A governemnt not defending privat property rights is doomed to fail&#8220;. Examples, one very actual Zimbabwe. The land owners were expropriated (from a total corrupt political &#8222;elite&#8220;), the inflation rate is not at 231 million per cent. So you can say, the only value of that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3974],"tags":[6363,6459,6524,6724,6969],"class_list":["post-5374","post","type-post","status-publish","format-standard","hentry","category-allgemein","tag-blessing","tag-death-duty","tag-doom","tag-hyperinflation","tag-private-property"],"_links":{"self":[{"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/posts\/5374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/comments?post=5374"}],"version-history":[{"count":0,"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/posts\/5374\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/media?parent=5374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/categories?post=5374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.q-software-solutions.de\/blog\/wp-json\/wp\/v2\/tags?post=5374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}