It would be inconvenient to carry around gold if the transaction is too large. It has a high value … Read the rest
Tag: Statism
The Truth about Inflation
It’s flat out absurd that inflation is caused by anybody or anything other than the central bank. Anyone propounding … Read the rest
Insanity
There’s not much more unpopular than capitalism today. That means, there’s not much more unpopular than the individual. That means, … Read the rest
Legalized Counterfeiting
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
You’re all a Bunch of Socialists!
There is only one economics. This is known as the Austrian school. It’s referred to that because the founders were … Read the rest
Cooperation is the Enemy
The market is characterized by human cooperation. Statism is characterized by violence. The two can’t exist simultaneously. Therefore, statism is … Read the rest
The Statist Chimera
The statist idea is to establish a coercive monopoly in a territorial area. Particularly, in the area of law and … Read the rest
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
The Market in Statism?
The market doesn’t exist in statism. It’s nothing more than a pseudo-market. The statists will claim its better, they … Read the rest
Who Benefits in War?
War only benefits the political class, or the elites as they now openly call themselves. The average citizen is harmed.… Read the rest