It seems obvious wealth can’t be printed. Those at central banks around the world think this though. These so-called experts … Read the rest
Tag: inflation
Expected Changes in Purchasing Power
Prices change over time. In other words, it doesn’t impact everyone equally. Prices will rise with the expectation of inflation. … Read the rest
Polluting Economics
Prosperity comes from not polluting economics. By that, I mean not intervening in the free market. All legislation must … Read the rest
Money Stabilization
The Myth of Price Gouging
There are many myths spread by propaganda. From people trying to win a popularity contest or their sycophants. A very … Read the rest
Reserve Fund
The reserve fund is the amount of capital that has accumulated over the years. Using the reserve fund can give … Read the rest
Intentional Debasement
Debasement of the money isn’t new. Money was most commonly debased by shaving off the edges of coins and … Read the rest
The Fundamental Reason Why Socialism is Impossible
It’s impossible for socialism to work because it can’t calculate. Socialism is the government owning all property. There aren’t various … Read the rest
The Limit of Fiat Money
Paper isn’t money, to operate it must come with a decree or fiat. Mining for gold can be … Read the rest
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