Why you need to stay one step ahead of the communists.
"The third selection is the most tantalising one for politicians and thus their most likely choice. It's the successful formula that countries adopted to reduce debt after World War II -- when debt was a far bigger percentage of output than it is now. That option is for governments to home in on the wealth of their citizens by lifting taxes and, for want of a better phrase, through financial repression.
Boosting taxes is an easily understood way for a government to grab what it needs from citizens. Financial repression is an indirect way to do the same thing and is thus an even more-tempting option for politicians. The term is broadly defined here as to be any situation where the government uses its legal might to squeeze money from its citizens, be they savers, investors or creditors."
