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Taxes and SpendingPolitical Theory
The commandment "Thou shalt not steal" was not to be abolished outright. That would offend too many. So the commandment was simply modified to "Thou shalt not steal—except by majority vote."
Monetary PolicyStrategyTaxes and Spending
As confidence in the dollar falls, Americans put more of their money in gold, silver, and cryptocurrencies. State governments can help this process along by deregulating sound money.
InflationThe FedTaxes and Spending
We’re in a terminal debt spiral. The only question is how long it will last until the patient succumbs.
Taxes and Spending
To cut taxes without cutting spending means greater burdens on the private sector through more government borrowing, higher indirect taxes, and monetary pumping which will come in the future.
Global EconomyTaxes and Spending
President López Obrador of Mexico has surprisingly been a voice of fiscal sanity, refusing to embrace the sorts of enormous stimulus packages that are now so popular worldwide.
Booms and BustsInflationTaxes and Spending
Since government creates nothing itself, all interventions are nothing more than transfers of wealth for the benefit of some and the destruction of wealth for everyone else.
SocialismTaxes and Spending
Over time, the demand for reparations has evolved from a demand to compensate specific victims to became just another call for more funding from a national welfare state.
Big GovernmentCentral BanksTaxes and Spending
The “cure” to the current crisis that is forced upon all Europeans now is not just worse than the disease; it is the disease.
Cronyism and CorporatismThe Police StateTaxes and Spending
As 20 million Americans fall into unemployment, no crisis is so big that anyone in Washington would think of cutting military spending, including dollars spent on military gear for cops.
Taxes and SpendingU.S. Economy
Debt matters, even if interest rates are low. Increasing debt and spending means lower growth and weaker real wages in the future.