Free Markets

"Preventing trade means that we use more resources to produce less wealth."

Buying gold and silver coins and holding them is not only a way of protecting oneself against inflation, but it is also, in a sense, a way of boycotting the federal reserve. That in itself would be reason enough to own them.

The real horror is the prohibition, which has brought about a dark despotism that everyone pretends not to notice.

The root of the current financial crisis was an artificially induced boom in the real economy, and asset-price markets that subsequently turned to bust. The bust led to a reduction in the values of many assets owned by banks.

Frenchie was an Abilene institution, like no computer programmer or personal banker could be.

It is neither the job of government nor the business of any individual to prohibit, regulate, restrict, or otherwise control what a man desires to eat, drink, smoke, inject, absorb, snort, sniff, inhale, swallow, or otherwise ingest into his body.

"Inflation worked as a tax on those further removed from government spending."

Mr. Chodorov sees history as an eternal struggle between social-power and political-power philosophies.

"Free men operating in a free market do find solutions to even the largest crises."

Arriving at those goals is not exactly doable unless government robs Peter to pay Paul and/or starts up the printing press.