Money, like religion must be beyond the control of govt, and govt's sole existence re-relegated to security agency of property rights and protection from violence, otherwise why have govt at all?
The incompetent and corrupt parasite robber Govt we suffer under today, makes the Founder's complaint list against King Geo III look petty by comparison!
We are a country of govt wolves created SHEEPLE, whom they ONLY feed off.
Inferring that Milton thinks inflation creates wealth??? My understanding is that the constant background inflation of money supply was to maintain prices, so that the $1.99 drink I buy today will probably be $1.99 next week. The problem is that the money supply does not get inflated in everybody's pocket simultaneously and that we have a political fiat beast. Whereas fluctuating prices creates cost, there are also counter-arguments and ultimately free market moneys is the way to go.
this is scary insight and wisdom, oh the manipulation/s and principles either playing for or against us, particularly the "dependent" working classes.
Its great to be an "independant" trader/investor and economist, particularly with currency, commodities and "international" equities with multiple national citizenships, tragic to be otherwise.
Money, like religion must be beyond the control of govt, and govt's sole existence re-relegated to security agency of property rights and protection from violence, otherwise why have govt at all?
The incompetent and corrupt parasite robber Govt we suffer under today, makes the Founder's complaint list against King Geo III look petty by comparison!
We are a country of govt wolves created SHEEPLE, whom they ONLY feed off.
marxbitesall 4 years ago 4
Inferring that Milton thinks inflation creates wealth??? My understanding is that the constant background inflation of money supply was to maintain prices, so that the $1.99 drink I buy today will probably be $1.99 next week. The problem is that the money supply does not get inflated in everybody's pocket simultaneously and that we have a political fiat beast. Whereas fluctuating prices creates cost, there are also counter-arguments and ultimately free market moneys is the way to go.
carlosjhr64 4 years ago 5
this is scary insight and wisdom, oh the manipulation/s and principles either playing for or against us, particularly the "dependent" working classes.
Its great to be an "independant" trader/investor and economist, particularly with currency, commodities and "international" equities with multiple national citizenships, tragic to be otherwise.
cool70200 4 years ago 7
thank you again for this.
timpor 4 years ago 7