Injecting more fiat money into the economy creates an artificial boom. The boom period is not good for the economy. … Read the rest
Tag: inflation
The House of Cards is Built on Statistics
Statism attempts to be super scientific. These sad attempts are made by viewing statistics. Statistics the state made business provide. … Read the rest
Do Depressions Happen in Statist Economies?
It’s commonly believed that depressions don’t happen in statist economies. It’s believed that business cycles happen from the market economy. … Read the rest
Liberty Means Property Rights
Liberty rests on the fact that no one can aggress against another. You have a right to your body and … Read the rest
Capital Consumption
The market can’t operate without calculation. It will be difficult to view capital consumption when the market is distorted. … Read the rest
Capitalism Explained
Capitalism is the only free economic system. Prices, interest rates, profit and loss, can all be explained by the … Read the rest
The Neurosis of Interest
An entrepreneurial action is made anytime money is lent. The moneylender is making an entrepreneurial action if he can’t see … 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