You cannot end the favoritism capital gains get without either adjusting all cost bases for inflation, or replace fiat money with real money, creating a stable price level. If you tax capital gains the same as other income without one of these changes, you will wipe out incentives to invest for the long run.
Too much of what is taxed as capital gains is really inflationary gains, making the tax greater than 100%.
Well, that is a worthy point, Doug, but I am fully in favor of the Fed being required to maintain a "symetrical" rate of zero inflation. I would add that to its charter. For fiat money to work well it has to be managed for zero inflation, meaning the money supply is allowed to grow but only in direct proportion to the economy.
Gold-based money always had huge problems of its own as we constantly had to reduce the actual backing of gold to the dollar over the course of decades until we got down to about ten cents on the dollar because we couldn't expand the amount of gold enough to maintain a money supply that would expand with our population growth.
So, to the extent the Fed finds inflation happened, it needs to correct with equal deflation like a heat-seeking missile to keep the symetrical rate of inflation/disinflation managed as close to zero as possible.
As for the alleged "problems" with gold, Mises.org almost surely has published articles and books debunking this and other myths of the 1800s. I studied this too long ago to recall any details, but the impression I got then was what we learned in government schools about that and "robber barons" was a total lie. Along with nearly everything else of importance that people believe, as I have learned since, especially over the last five years.
They are all globalists playing their part in dividing the masses while they get behind closed doors divvying up our countries into the NWO 10 kingdoms as this UN document dated July 4th, 2025 suggests!:
These globalists are orchestrating this map from the "Club of Rome" where the globalists planned on countries such as Iran, Gaza and Syria being a part of kingdom #7, Ukraine with the Baltics being a part of kingdom #5, Canada with Greenland becoming a part of kingdom #1, and Taiwan with China becoming a part of kingdom #10 since the 1970s which is when this map was drawn up of the 10 kingdoms talked about in Daniel and Revelations!:
The game has always been "Problem ~ Reaction ~ Solution"!
Destroy the dollar and introduce a digital dystopian system as all cryptos are programmable and surveillalable!
Beware folks as the money changers want us all to offer up our "digital IDs" when they crash the present fiat cash system and hand us an AI driven digital dystopian surveillance system riding on blockchain!
Please listen to this bankster tell us in 38 second video embedded in this link that to enter the NWO everyone will be required to have a smart phone, bank account , and upload their digital ID:
Mr. Haggith, you're a rock star. I appreciate this no-nonsense approach to telling your readers the how's and why's of what you really think. Keep it up.
So are we going to ignore all the fraud, waste and abuse that got us to here. I am not defending Trump and Tariff's. But bitching about someone actually trying to do something about it all is just...where was all this sound and fury while Biden was literally bringing in millions of people getting on our welfare system. Does that just all go away?
trump and his rasputin muskrat are punking you fools if you believe the dept of deceptive govt excuses is really doing anything about govt waste. you lost credibility with your last propaganda induced sentence. tell us what was trump doing 2017-2020? nothing.
Trump 1 was a fool, because he hadn't experienced the Deep State and he was clearly naive. Trump 2 is no fool. I won't be convinced he's learned from his mistakes until he jails Fauci and Schumer, and appoints a Judy Shelton or other real money advocate to take government out of the monetary system. But consider the alternative, an alcoholic Kamanista or Biden's handlers. Compare the qualify of people in his cabinet vs. those of Joe's. Incomparable.
You are a brainwashed fool if you believe what you wrote.ttump is a traitor and his all pro Israel cabinet prove it.his gay vp and his rSputin aka muskrat prove he is a total moron
Why would we ignore all the fraud and abuse that got us here? Who was bitching about Trump going after fraud and abuse? I'm only bitching about the extremely haphazard way DOGE has gone beyond its authority, where it has none legally, to fire people and about how they have sometimes fired the wrong people because they are so reckless. I'm all for DOGE going after fraud, but not for their firing air traffic controllers by accident or nuclear weapons personnel by accident or firing people based on whether they filled out a five-point questionnaire, which is a ridiculous way to decide things. It may very well be the best people said, "Screw you. I've been doing my job for 17 years and have done a great job, won awards for my work, and I'm not answering to you high-school punks about what I did last week."
Where was all of this fury when Biden was doing all he was doing? It's a lame defense of Trump because I was doing everything I could for four years to stir up fury over Biden when he was taking the whole nation deep into the pages of 1984. He fired me for refusing the vaccine. His protege, our state governor, refused to let me collect unemployment for refusing the vaccine. Then Biden's goons censored me at a personal cost to me of over a $1,000 per month lost revenue, cutting off my alternative income, because publishers told me I had to stop writing on Covid where my articles were getting half a million readers each because they went against the Biden administration. I pointed out repeatedly how the aged toddler was clearly in mental decline when the lamestream media was ignoring that entirely and scoffed at the liberal media when they were all so shocked on debate night to see how far gone Biden was.
So, having dogged and lampooned Biden for four years for all of his unconstitutional and lame policies, including all his LGBTQ+++ nonsense, why should I go any easier on Trump just because he's Trump when he is doing such horribly inept things that will cost us all dearly with more pain and suffering than we would have had to bear without him?
We'll see in the fullness of time. So far, it's only ten weeks. Things take time. But you could be right. Or you could be wrong. As I said before, the markets need a 50% collapse. My larger concern is will that create a maelstrom that takes us down 90%.
Most are unaware that Trump is conducting the Finalization of a FORCED BANKRUPTCY Ordered by the Pope in 2015. He has NO CHOICE but to SHUT DOWN 2/3-3/4 of this sh*t-show we "thought" was our Govt., which has become very obvious to all that it was nothing but THIEVERY and GRIFT upon the American People - This is exactly why the Pope, who has Authority over ALL corporations on earth, was forced to shut them down - by American State Citizens (not British Territorial U.S. citizens) - WE THE PEOPLE, after we figured out what was done to us by this criminal cartel masquerading as our Govt. since the Civil War - "fraud vitiates all."
The "Municipal UNITED STATES" was dissolved completely, so all these Audits/shut-downs have been taking care of that. The "Territorial United States" is hanging on by a thread - hopefully Trump can right the ship BUT our Resources DO NOT belong to the BRITISH CORPORATION that Trump is actually "President" of, recently re-named "The United States of America, LLC Chartered in Scotland - obviously not OUR Republic, and never can be, as WE THE PEOPLE are the Republic and the state/State ourselves.
What we have in the British Territorial District of Columbia is TOTAL FRAUD since the Civil War when the British Crown Inc. assumed our identity and used us as cheap mercenaries in all it's wars-for-profit, ever since, accessing OUR Credit Unlawfully and by fraud, heaping huge debts upon our backs to pay for those wars, creating and assuming Trusts that belong TO US - all by fraud. Contriving Bankruptcies to rob us - but not this time - WE are the Priority Creditors and we ain't MISSING as they have claimed several times prior - our Union States are ALL back in Session since 2019 - all 50 States - we are here. The "State of States" you "think" are your States, are franchises of the District of Columbia - BRITISH CROWN-owned. A HUGE FRAUD upon America. We were never taught, by design. America owes NO CONTRIVED DEBT whatsoever, as it was OUR CREDIT that was used. The ledger was never balanced. THEY OWE US! It ALL returns to us, unless Trump and Co. are another fraud, as it appears such, as he has never told America what is really going on. Watch for another fast one. Obfuscate everything with another war. They claimed we the people gone in interregnum - OUR Govt. - which is obviously a lie, as we have always been here - we ARE the Govt. We ARE the Sovereign. We ARE Caesar, in America. They Unlawfully Converted us all into their 14th Amendment U.S. citizens, and after a generation or two nobody knew any different. Americans forgot who they really were, with the help of the this BRITISH CROWN FILTH, of course.
Quite a lot to learn, and MUCH, MUCH more - very complex if you are unfamiliar. Don't fall for the subversive criminal Deep State operation created to cover up the crimes of the Deep State, which has NO Constitutional powers whatsoever - the FBI - and their sovereign citizen PSYOP. It has NOTHING to do with State Citizens/nationals - WE THE PEOPLE - but to try to equate us with fools they fabricated to denigrate and malign, to keep the American People from learning the truth. Things are never as they may appear.
"...let it fall down, let it fall down, let it all fall down." H/T to James Taylor. Once it has all collapsed, it can be rebuilt using honest money (gold, silver). But the Federal Reserve must be abolished, and the 16th Amendment must be repealed. FIFY.
All by design , a death blow to finish what the lowdowns started to usher in the technocracy
You cannot end the favoritism capital gains get without either adjusting all cost bases for inflation, or replace fiat money with real money, creating a stable price level. If you tax capital gains the same as other income without one of these changes, you will wipe out incentives to invest for the long run.
Too much of what is taxed as capital gains is really inflationary gains, making the tax greater than 100%.
Well, that is a worthy point, Doug, but I am fully in favor of the Fed being required to maintain a "symetrical" rate of zero inflation. I would add that to its charter. For fiat money to work well it has to be managed for zero inflation, meaning the money supply is allowed to grow but only in direct proportion to the economy.
Gold-based money always had huge problems of its own as we constantly had to reduce the actual backing of gold to the dollar over the course of decades until we got down to about ten cents on the dollar because we couldn't expand the amount of gold enough to maintain a money supply that would expand with our population growth.
So, to the extent the Fed finds inflation happened, it needs to correct with equal deflation like a heat-seeking missile to keep the symetrical rate of inflation/disinflation managed as close to zero as possible.
What's wrong with deflation?
As for the alleged "problems" with gold, Mises.org almost surely has published articles and books debunking this and other myths of the 1800s. I studied this too long ago to recall any details, but the impression I got then was what we learned in government schools about that and "robber barons" was a total lie. Along with nearly everything else of importance that people believe, as I have learned since, especially over the last five years.
Please look behind the curtain folks!
This is a MUST watch video on how dark gothic MAGA thru the tech billionaires plan to destroy America and are preserntly doing it thru DOGE!:
https://www.youtube.com/watch?v=5RpPTRcz1no
They are all globalists playing their part in dividing the masses while they get behind closed doors divvying up our countries into the NWO 10 kingdoms as this UN document dated July 4th, 2025 suggests!:
https://www.soulask.com/a-weird-un-document-dated-july-4-2025-has-leaked-online/
These globalists are orchestrating this map from the "Club of Rome" where the globalists planned on countries such as Iran, Gaza and Syria being a part of kingdom #7, Ukraine with the Baltics being a part of kingdom #5, Canada with Greenland becoming a part of kingdom #1, and Taiwan with China becoming a part of kingdom #10 since the 1970s which is when this map was drawn up of the 10 kingdoms talked about in Daniel and Revelations!:
https://i.pinimg.com/originals/19/57/62/195762913ad3d8e14bfeeae7c200b7a9.gif
Here are hundreds of verses that clearly prove America is the harlot riding her UN~beast described in the book of Revelations:
https://sumofthyword.com/2021/01/07/mystery-babylon-the-great-and-her-beast/
The game has always been "Problem ~ Reaction ~ Solution"!
Destroy the dollar and introduce a digital dystopian system as all cryptos are programmable and surveillalable!
Beware folks as the money changers want us all to offer up our "digital IDs" when they crash the present fiat cash system and hand us an AI driven digital dystopian surveillance system riding on blockchain!
Please listen to this bankster tell us in 38 second video embedded in this link that to enter the NWO everyone will be required to have a smart phone, bank account , and upload their digital ID:
https://sociable.co/government-and-policy/digital-id-bank-account-smartphone-new-world-imf-spring-meetings/
Please do NOT upload your digital ID as that is you giving your mark to the beast to buy and sell:
https://sumofthyword.com/2022/05/18/the-mark-of-the-beast/
We just entered the 4th year of this timeline in October of last year so get ready for "great tribulation" to commence in the spring of 2025!:
https://sumofthyword.com/2016/10/04/the-rapture-of-the-church-is-after-the-tribulation/
Appreciate this video link you provided:
https://www.youtube.com/watch?v=5RpPTRcz1no
Because it brought me to these excellent historic summaries of Israeli politics:
https://www.youtube.com/watch?v=iEhEtmjgCQA
https://www.youtube.com/watch?v=38yElOKHCEc
Mr. Haggith, you're a rock star. I appreciate this no-nonsense approach to telling your readers the how's and why's of what you really think. Keep it up.
impeach the inept failed alleged business person. he is selected to crash the u.s. and have it taken over.
So are we going to ignore all the fraud, waste and abuse that got us to here. I am not defending Trump and Tariff's. But bitching about someone actually trying to do something about it all is just...where was all this sound and fury while Biden was literally bringing in millions of people getting on our welfare system. Does that just all go away?
trump and his rasputin muskrat are punking you fools if you believe the dept of deceptive govt excuses is really doing anything about govt waste. you lost credibility with your last propaganda induced sentence. tell us what was trump doing 2017-2020? nothing.
Trump 1 was a fool, because he hadn't experienced the Deep State and he was clearly naive. Trump 2 is no fool. I won't be convinced he's learned from his mistakes until he jails Fauci and Schumer, and appoints a Judy Shelton or other real money advocate to take government out of the monetary system. But consider the alternative, an alcoholic Kamanista or Biden's handlers. Compare the qualify of people in his cabinet vs. those of Joe's. Incomparable.
I have hope, but we'll see.
You are a brainwashed fool if you believe what you wrote.ttump is a traitor and his all pro Israel cabinet prove it.his gay vp and his rSputin aka muskrat prove he is a total moron
Why would we ignore all the fraud and abuse that got us here? Who was bitching about Trump going after fraud and abuse? I'm only bitching about the extremely haphazard way DOGE has gone beyond its authority, where it has none legally, to fire people and about how they have sometimes fired the wrong people because they are so reckless. I'm all for DOGE going after fraud, but not for their firing air traffic controllers by accident or nuclear weapons personnel by accident or firing people based on whether they filled out a five-point questionnaire, which is a ridiculous way to decide things. It may very well be the best people said, "Screw you. I've been doing my job for 17 years and have done a great job, won awards for my work, and I'm not answering to you high-school punks about what I did last week."
Where was all of this fury when Biden was doing all he was doing? It's a lame defense of Trump because I was doing everything I could for four years to stir up fury over Biden when he was taking the whole nation deep into the pages of 1984. He fired me for refusing the vaccine. His protege, our state governor, refused to let me collect unemployment for refusing the vaccine. Then Biden's goons censored me at a personal cost to me of over a $1,000 per month lost revenue, cutting off my alternative income, because publishers told me I had to stop writing on Covid where my articles were getting half a million readers each because they went against the Biden administration. I pointed out repeatedly how the aged toddler was clearly in mental decline when the lamestream media was ignoring that entirely and scoffed at the liberal media when they were all so shocked on debate night to see how far gone Biden was.
So, having dogged and lampooned Biden for four years for all of his unconstitutional and lame policies, including all his LGBTQ+++ nonsense, why should I go any easier on Trump just because he's Trump when he is doing such horribly inept things that will cost us all dearly with more pain and suffering than we would have had to bear without him?
We'll see in the fullness of time. So far, it's only ten weeks. Things take time. But you could be right. Or you could be wrong. As I said before, the markets need a 50% collapse. My larger concern is will that create a maelstrom that takes us down 90%.
https://odysee.com/@UnlimitedHangout:a/Ep-61:5
Most are unaware that Trump is conducting the Finalization of a FORCED BANKRUPTCY Ordered by the Pope in 2015. He has NO CHOICE but to SHUT DOWN 2/3-3/4 of this sh*t-show we "thought" was our Govt., which has become very obvious to all that it was nothing but THIEVERY and GRIFT upon the American People - This is exactly why the Pope, who has Authority over ALL corporations on earth, was forced to shut them down - by American State Citizens (not British Territorial U.S. citizens) - WE THE PEOPLE, after we figured out what was done to us by this criminal cartel masquerading as our Govt. since the Civil War - "fraud vitiates all."
The "Municipal UNITED STATES" was dissolved completely, so all these Audits/shut-downs have been taking care of that. The "Territorial United States" is hanging on by a thread - hopefully Trump can right the ship BUT our Resources DO NOT belong to the BRITISH CORPORATION that Trump is actually "President" of, recently re-named "The United States of America, LLC Chartered in Scotland - obviously not OUR Republic, and never can be, as WE THE PEOPLE are the Republic and the state/State ourselves.
What we have in the British Territorial District of Columbia is TOTAL FRAUD since the Civil War when the British Crown Inc. assumed our identity and used us as cheap mercenaries in all it's wars-for-profit, ever since, accessing OUR Credit Unlawfully and by fraud, heaping huge debts upon our backs to pay for those wars, creating and assuming Trusts that belong TO US - all by fraud. Contriving Bankruptcies to rob us - but not this time - WE are the Priority Creditors and we ain't MISSING as they have claimed several times prior - our Union States are ALL back in Session since 2019 - all 50 States - we are here. The "State of States" you "think" are your States, are franchises of the District of Columbia - BRITISH CROWN-owned. A HUGE FRAUD upon America. We were never taught, by design. America owes NO CONTRIVED DEBT whatsoever, as it was OUR CREDIT that was used. The ledger was never balanced. THEY OWE US! It ALL returns to us, unless Trump and Co. are another fraud, as it appears such, as he has never told America what is really going on. Watch for another fast one. Obfuscate everything with another war. They claimed we the people gone in interregnum - OUR Govt. - which is obviously a lie, as we have always been here - we ARE the Govt. We ARE the Sovereign. We ARE Caesar, in America. They Unlawfully Converted us all into their 14th Amendment U.S. citizens, and after a generation or two nobody knew any different. Americans forgot who they really were, with the help of the this BRITISH CROWN FILTH, of course.
Quite a lot to learn, and MUCH, MUCH more - very complex if you are unfamiliar. Don't fall for the subversive criminal Deep State operation created to cover up the crimes of the Deep State, which has NO Constitutional powers whatsoever - the FBI - and their sovereign citizen PSYOP. It has NOTHING to do with State Citizens/nationals - WE THE PEOPLE - but to try to equate us with fools they fabricated to denigrate and malign, to keep the American People from learning the truth. Things are never as they may appear.
Try being President for one day. You wouldn't last 6 hours.
the potus does nothing but what he is told.
"...let it fall down, let it fall down, let it all fall down." H/T to James Taylor. Once it has all collapsed, it can be rebuilt using honest money (gold, silver). But the Federal Reserve must be abolished, and the 16th Amendment must be repealed. FIFY.
Excellent article.