The FedMoney and BanksMoney and Banking
In a true market economy, the financial success one person cannot conceivably be the cause of someone’s else’s poverty. In fact, the opposite.
Taxes and Spending
Governments take on a variety of responsibilities as a justification for greatly expanding powers — claiming these powers are necessary to fulfill these new responsibilities.
In January, year-over-year growth in the money supply was at 3.3 percent. That was down from December's growth rate of 3.8 percent, but was up from January 2018's rate of 2.8 percent.
Money and BanksMoney and Banking
Like taxation, government spending diverts resources from real wealth-generating ventures. Borrowed funds for continued spending must also be repaid, so current spending translates to future taxation.