Oddbean new post about | logout

Notes by bluejay | export

 I run 2 small businesses in the UK. So much of my time and labour go toward funding government through the taxes I pay.  I can’t help feeling those career civil servants and politicians have never had to make the money - they just spend it. Making something to sell or providing a service for money is hard, putting up taxes or printing money is easy.

We have a government apparatus that knows it can rely on using the ultimate threat of violence to enforce ever increasing tax collection from a working populous that is too scared, miss-informed and too obsessed with their own personal travails to find a better way. 

I do feel things will need to get a whole lot worse before the public wake up to it.  I wish I could see a path to a better future, but the country feels a little like a ship lost in the doldrums and the captain has been at the ship’s bottle!

Pete - it would be so good if you could interview some ex senior civil servants from Bank of England or HM treasury. I don’t know if they would answer candid questions or not, but I’d love to hear from inside the belly of the beast and hear what they have to say about how the system operates and how it needs to change. Do they even see the problems the same way you do? 
 I’m worried about how the #bitcoin developers will be protected in this next few years. Influence comes with wealth and those with wealth are coming for bitcoin. The pressure on developers will increase, they must be sheltered from this.