Shay's Rebellion and lessons for today's Big Government.
Believe it or not there are two very important lessons we can learn today from a 1786 rebellion. For those not familiar, Shays' rebellion took place in Massachusetts and involved Daniel Shays and hundreds of other poor farmers crushed by taxes and debt to launch a full scale rebellion. However the story is not about citizens rioting because of injustices they felt were thrust upon them, but a state and federal government printing "money" to finance a war and ultimately failing to deliver the gold and silver promised to the holders of the printed "money". Massachusetts was an especially egregious offender of printing money via their state bank and routinely inflated worthless paper on top of gold/silver they could not ultimately pay out in. This practice stemmed back for decades prior to the Continental Congress engaging in similar practices ultimately leading to the infamous "Not worth a Continental". Many argue Shays' rebellion inspire...