3 votes

The Fall of Rome & Modern Parallels by Leonard Read, Narrated by Stephan Molyeux (video)

Leonard Read, author of I, Pencil and Founder of the Foundation for Economic Education, wrote a pair of essays more than 30 years ago comparing the decline of the United States with the decline and fall of the Roman Empire.

The culprits causing Rome's decline:-the increasing welfare state and the reliance of the citizenry on it, debasement of the currency, inflation, high taxes & excessive spending

It starts with "taxing the rich" till there are no rich no more, then taxing the middle class until and so on.

Mr. Read's essays are read by Stephan Molyneux in this informative video:


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Rome & Constantinople: The Rise & Fall of Empires. 1, 2, 3...

Fall of Rome noted at 12 minuted mark. Debased silver coin. Welfare state. Warfare state.

Fall of America parallels at 18 minute mark. Problems are as above. "Voting for a living is easier than working for one." 20 minute mark. "In response to a severe money & credit crisis in 33 AD, the government extended credit at 0% interest... on a massive scale."

  1. Constantinople reigned 1,000 years, w/ Gold & Silver... After Rome fell. Submitted by Mark Twain 04/24/2012
  2. ♞ Fall Of Roman Empire! ♞ Mandates Broke Silver. Submitted by Mark Twain 05/21/2011 Charts & relics.
  3. If you want to see who is making money today, take a look here: ♔ "Money Trail" ♔ International Bank Cartel ♖ Monopoly Boyz Submitted by Mark Twain on Fri, 11/16/2012

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Thanks this is not prophetic just illustrates the concept

That those that dont know their history are destined to repeat it.
I would add that those in charge may even know their history and want to repeat it

Please subscribe to smaulgld.com