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Why Largarde Stayed at the IMF? To Increase its Global Power
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
armstrongeconomics.com / by Martin Armstrong / Feb 23, 2016
Christine Lagarde, Managing Director, International Monetary Fund, spoke at the IMF Arab Fiscal Forum: Fiscal Policy and Growth in Abu Dhabi on February 22, 2016. Her message was clear – forget downsizing government of reforming anything, just raise taxes. She opened the conference saying:
This event is taking place at a pivotal moment not only for this region but for many other countries that have seen fiscal issues rise to the top of their policy agendas.
Or, to be more precise, it is taxation that has risen to the agenda in many countries. If you wonder why this issue has become so important, let me assure you that this is nothing new in the history of mankind!
Largarde is calling for international taxation. She has threatened every tax haven with being sanctioned and removed from the Swift System unless they give up everyone. She has done far more damage to the world economy than any previous director. We have anemic economic growth and rising tax enforcement depriving us of our free society and the free movement of people as well as capital. If you owe taxes, government simply revoke your passport. She concluded her address calling for global tax enforcement and raising of taxes, not reforming government in the least. She said:
“Political economy…proposes two distinct objects: first, to provide a plentiful revenue or subsistence for the people…and secondly, to supply the state or commonwealth with a revenue sufficient for the public services.”
The post Why Largarde Stayed at the IMF? To Increase its Global Power appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/23/why-largarde-stayed-at-the-imf-to-increase-its-global-power/
