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Booms and BustsInflationGold Standard
Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.
Bureaucracy and RegulationFree MarketsPrice Controls
India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.
Not all increases in money supply lead to inflation. A currency fully backed by a commodity like gold does not cause inflation like an increase in unbacked fiat money does.
In Japan, huge social security expenditures have been simply monetized by the Bank of Japan at the expense of the overall welfare and the economic prospects of Japan’s youth.
An individual’s demand is constrained by his production of goods. The more goods an individual produces, the more of other goods he can secure for himself.
Fiat dollars aren't just an economic and political problem for Americans. The US's money regime enables and strengthens foreign regimes seeking to defraud and deceive their own people.
Taxes and SpendingWorld HistoryPolitical Theory
When Vikings robbed their victims, they often called the booty gjald (debt) as if the stolen goods were repayment for a service provided by the robbers.
Thomas Sowell has explained that while "Marx may have explicitly advocated the idea of a democratic workers’ government, his own personal style was dictatorial, manipulative, and intolerant."