JOIN OR RENEW TODAY
The value of a paper dollar originates from its historical link to commodity money—which happens to be gold—and not government decree or social convention.
Big GovernmentBitcoinThe Police State
Cryptocoins aren't entirely anonymous, and the state is hard at work gathering as much information as it can on all crypto users.
What is required is to seal off all the channels that undermine the generation of real savings. This means that what is required is to close all the loopholes that enable monetary pumping and to cut the government outlays to the bone.
HealthMedia and CultureStrategy
Every major scientific advance challenged the “settled science” of its day and was often denounced as pernicious and false, even dangerous.
Corporate WelfareMonetary PolicySocialism
We're now seeing an economic system where both supply and demand depend on government subsidies, handouts, and monetary schemes. This isn't a market economy.
Other Schools of ThoughtPhilosophy and Methodology
Information on consumer sentiment is potentially helpful, but only insofar as sentiment reflects the reality of the economic situation.
Marx believed truth could only be fully understood by a certain socioeconomic class. Ludwig von Mises disagreed.
"History cannot teach us any general rule, principle, or law. There is no means to abstract from a historical experience a posteriori any theories or theorems concerning human conduct and policies."