Paper isn’t money, to operate it must come with a decree or fiat. Mining for gold can be … Read the rest
Category: Economics
Democracy: World State
A state has a territorial monopoly over taxation. All states want to increase their revenue, but there is a limit. … Read the rest
Special Privilege
People are not treated equally. Some have special privilege. Everyone is treated equally under capitalism. Few have special privilege … Read the rest
Speech is Private Property
Understanding property can clear up many issues. It’s common to hear that speech should be controlled because its “malicious” … Read the rest
The Trade Cycle
The role of interest rates allocating resources is critical to the trade cycle. Booms and busts begin when interest is … Read the rest
The Great Deception
Humans can only thrive if they’re free. The state wants to deceive you into believing that you can be free … Read the rest
Multiple Logics?
The unnoticed error of statism is multiple logics. The statists posit that the different classes have different logics. Don’t fall … Read the rest
Ideas from the Lunatic Asylum
Inflation is absolutely devastating to the economy. It could be halted by not printing money. That won’t happen. Inflation will … Read the rest
Fiat Money
The belief is nearly universal that money can’t be free. This implies that it must be controlled, regulated, manipulated, and … Read the rest
How to Achieve Durable Peace?
This is the age of enlightened totalitarianism. It’s characterized by inflation, wars, control, and hatred of human innovation. It’s … Read the rest