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Money and BanksMoney and Banking
The abolition of cash threatens to cause widespread economic damage and have a devastating impact on many of the most vulnerable in our society.
Taxes and SpendingMoney and Banking
We are told that if further signs of recession develop the government must spend more to keep the boom whipped up. This is false.
The monetary policy that governments and central banks are calling for is quite apparent: “Keep it going, whatever it takes.”
Pursuing a trade war with your largest creditor, whose also on the edge of insolvency, is a recipe for financial meltdown.
U.S. HistoryMoney and Banking
Rothbard saw at an early stage of his life as a graduate student that the Jacksonian period was a defining one in American history.
An overheating economy emerges once expenditure rises without being backed up by production, a situation that emerges when the money stock is increasing.
Government, tech, and banks all have a common interest in moving consumers and taxpayers toward the abolition of physical cash.
Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.
The EntrepreneurEntrepreneurshipMoney and Banking
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.
The FedMoney and Banking
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.