There Will Be (Hyper)Inflation
Government-controlled fiat money is fraudulent money.
Government-controlled fiat money is fraudulent money.
Since the heart of credit is real savings, it is obvious that no government schemes, such as cleansing banks' balance sheets, can increase fully backed credit.
The prevailing trend toward what Hilaire Belloc called the servile state will certainly not be reversed if nobody has the courage to attack its underlying dogmas.
Much like the US's decision to save Bretton woods by coercing South African gold sales, today's governments will resort to ever more authoritarian measures rather than allowing their pet institutions to fail.
The modern freedom movement depended heavily on open-source materials.
Consider our corrupt Federal Reserve System as the ultimate cause of our economic woes.
Burt's support was more than financial; he also offered his time and energy with great generosity.
Falling prices, far from being deflation, are actually the antidote to deflation.
Ultimately, then, the effects of Earth Hour boil down to dim rhetoric. Maybe as much attention should be placed on humanity's hot air footprint as its carbon one.
The power of creative energies to manifest themselves in the face of man-made obstacles accounts for the progress we observe even when the worst elements in society get on top