Favorites Quote's
Author
Topic's
Blog
Login
Ads Place 1222
The Natural Tendency Of The State Is Inflation.
-Murray Rothbard
Please Wait....
Translating....
Select Image
Download as Image
Japanese
Korean
Turkish
Indonesian
Arabic
English
Spanish
French
German
Hindi
Chinese
The Natural Tendency Of The State Is
Murray Rothbard
The Natural Tendency Of The State Is Inflation.
Views: 13
Topic
Natural
States
Tendencies
More From Murray Rothbard
Since 1933, New Deal Farm Policy Has Continued And Expanded, Pursuing Its Grisly Logic At The Expense Of The Nation's Consumers, Year In And Year Out, In Democrat Or Republican Regimes, In Good Times And In Bad.
Years
Good Times
Logic
You Don't Need A Treaty To Have Free Trade.
Liberty
Needs
Libertarian
So: If The Chronic Inflation Undergone By Americans, And In Almost Every Other Country, Is Caused By The Continuing Creation Of New Money, And If In Each Country Its Governmental "central Bank" (in The United States, The Federal Reserve) Is The Sole Monopoly Source And Creator Of All Money, Who Then Is Responsible For The Blight Of Inflation? Who Except The Very Institution That Is Solely Empowered To Create Money, That Is, The Fed (and The Bank Of England, And The Bank Of Italy, And Other Central Banks) Itself?
Country
England
United States
While Big-business Leaders And Firms Can Be Highly Productive, Servants Of Consumers In A Free Market Economy, They Are Also All Too Often, Seekers After Subsidies, Contracts, Privileges, Or Cartels Furnished By Big Government. Often, Business Lobbyists And Leaders Are The Sparkplugs For The Statist, Interventionist System.
Government
Leader
Subsidies
It Is No Crime To Be Ignorant Of Economics, Which Is, After All, A Specialized Discipline And One That Most People Consider To Be A ‘dismal Science.’ But It Is Totally Irresponsible To Have A Loud And Vociferous Opinion On Economic Subjects While Remaining In This State Of Ignorance.
Ignorance
Discipline
People
Ads Place 3
Ads Place 2
Trending Author
Denis Leary
Jonathan Safran Foer
Shakti Gawain
Jon Postel
Aleister Crowley
Peter McWilliams
Category
Information
Ads Place 4
Ads Place 5