The Art of Forecasting: Great Expectations, Small Triumphs
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
"As long as our central government has the ability to dole out these favors, there will be special interests lining up to receive them."
We should not be afraid of deflation. We should love it as much as our liberties.
Recorded at Jekyll Island, Georgia; May 1992.
What is amazing about America circa 2008 is not the citizens' money illusion — history has seen that aplenty — but the utter lack of resistance to it.
Inflation has always been, the most dangerous and destructive form of taxation.
Deflation is a "great liberating force," writes Hülsmann, "because it destroys the economic basis of the social engineers, spin doctors, and brain washers."