Counterfeiting money is punished for good reason. It’s a grave problem that the so-called protectors of private property begin counterfeiting.… Read the rest
Category: Money
Gold: Protection from Parasites
Gold has been chosen as a medium of exchange for thousands of years. A medium of exchange is necessary for … Read the rest
Commodity Standard
The use of a medium of exchange is required to expand the size and scope of the market. Many different … Read the rest
Effects of Inflation
Inflation leads to the business cycle, without a doubt. However, it can do something much more sinister, completely obliterate … Read the rest
Purchasing Power of Money
Price is the result of the subjective valuations of the exchangers. One good is being exchanged for another. The exchangers … Read the rest
The Origin of Money
A money can only be used if there are more than two individuals and two goods in society. It must … Read the rest
What Causes the Business Cycle?
The business cycle is caused by artificial credit expansion by the central bank and commercial banks too—if the reserve requirement … Read the rest
The Desire to Control Money and Why it was Accepted
While there is some resistance to taxation. There is little resistance to counterfeiting. More goods don’t come into existence when … Read the rest
Economic Crisis
Many believe capitalism has failed and believe it must be replaced by statism. Statism has failed miserably and must be … Read the rest
Demonetization of the Dollar
The dollar will no longer be used as a money if deficits are printed over. The purchasing power will continue … Read the rest