Guest Post: The Road To Debt-Serfdom

Friday, January 25, 2013
By Paul Martin

Charles Hugh-Smith
ZeroHedge.com
01/25/2013

Ours is a dysfunctional debt-based Empire that buys the complicity of its debt-serfs with entitlement bread and circuses. The road to debt-serfdom is paved by the banks and enforced by the Central State. If there is any point that is lost on ideologues, Progressive and Conservative alike, it is this: the first-order servitude and second-order tyranny of debt-serfdom can only occur if the banks’ power is extended and protected by an expansive Central State.

The Rest…HERE

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