In the era of global lockdowns, we've seen increasing supplies of money, decreasing supplies of goods, and governments financing their citizens to forgo work and stay home. The resulting price inflation should surprise no one.
Fear of China and Iran, combined with the more practical desire for continued “free” money from the federal government, will continue to fuel opposition to any serious movement toward secession.
The capital gains tax cuts off start-ups and smaller entrepreneurs from access to flows of capital. The tax makes society more wasteful, less innovative, and less dynamic.
US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government.
Gary North shows how Rothbard always had the ability to go to the central issue in a debate. He wrote clearly. He wrote continuously. He wrote for almost anyone who would give him an opportunity to put an idea in print.
If the US wants to strengthen its economic and geostrategic position versus China, it needs to apply the same free market principles that made it prosperous and powerful in the first place.
US car owners are being preyed upon by thieves, because South African mine owners are being preyed upon by their government.
In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public.
