Money and Banking

We are told that if further signs of recession develop the government must spend more to keep the boom whipped up. This is false.

 The monetary policy that governments and central banks are calling for is quite apparent: “Keep it going, whatever it takes.”

Pursuing a trade war with your largest creditor, whose also on the edge of insolvency, is a recipe for financial meltdown.

An overheating economy emerges once expenditure rises without being backed up by production, a situation that emerges when the money stock is increasing.

Rothbard saw at an early stage of his life as a graduate student that the Jacksonian period was a defining one in American history.

Government, tech, and banks all have a common interest in moving consumers and taxpayers toward the abolition of physical cash. 

Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. 

Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.

Conflating "inflation" with a general rise in prices prevents understanding the true problem with inflation.