The depreciation of money’s value isn’t caused by gold. It’s driven by fiat currency and the relentless use of the … Read the rest
Tag: inflation
Time and Demand
What is Capitalism?
There’s a lot of misuse of the word “capitalism.” Anything that needs a qualifier—like “bailout capitalism” or “crony capitalism”—probably isn’t … Read the rest
The Truth about Money
Money is necessary to determine the difference between inputs and outputs. Paper money makes that more and more difficult to … Read the rest
Violent Changes in the Value of Money
The changes in value haven’t come from gold. The change is due to fiat money and the printing press. Gold … Read the rest
Covert Parasitism
There are no booms and busts in the free market. I repeat, there are no booms and busts in the
The Castration Economy
Desiring an object doesn’t depend on its inputs. It depends entirely on the demand for that product. Goods aren’t
The Creation of Consumption Goods
One must produce more to consume more. A portion of your consumption goods must be saved up to consume while … Read the rest
The Politburo Money
A money is something that is a medium of exchange. Money isn’t a creature of the state. It might seem … Read the rest
The Unwelcome Truth about Inflation
Many don’t realize it, but inflation is violence. Inflation is a policy result and is done covertly. The decline in … Read the rest