A stinging open letter written by a small business owner in the Land of the Free. From Simon Black at SovereignMan.com
Hazlitt lost his job with the Washigton Times because he knew and openly said that the entire operation of the 1944 Btetton Woods agreement which created the IMF and the World Bank was against liberty.
Gary Galles at Mises.org:
While freedom allows greater output to be produced, that does not make it materialistic. It is more likely that the persistent denial of the fruits of one’s labor to individuals in alternative, coercive systems makes people, of necessity, far more materialistic in focus.”
The source article begins with a myriad of “quoted proof” for Gary’s summary, which is the portion published on our post.
YouTube Video from the Heritage Foundation
by Gary North at LewRockwell.com The governments of every major nation are going to default on their debts. There are two relevant questions: (1) How? (2) When? Establishments around the world all deny this. They have gained power and wealth by means of the expansion of government. They have justified their success by insisting that […]
WHICH FLATION WILL GET US? from garynorth.com Date 9/8/2009 Issue 109 One of them will. That’s if things work out really well. Two or three will if things go according to the Austrian theory of the business cycle. Americans have been living in the eye of the monetary hurricane. Prices have been stable. In July, […]
The Five Financial Shockwaves to Expect When China’s Yuan Swaps Places with the U.S. Dollar | Overseas Stock Markets. | Overseas Stock Markets. This article is from Australia, for goodness sake! It’s written more for the viewpoint of investors, but will apply to everyone. Obviously Australians can see past the brainwashing better than we Americans! […]
Tuesday, September 1, 2009 Refuting “Economic Suicide” Inflation is always and everywhere a monetary phenomenon. These are the words of Milton Friedman in A Monetary History of the United States. The meaning of those words is that no matter what, inflation is a function of the amount of money available. Inflation occurs when more money […]
Dollar’s Days of Dominance Are Over Seeking Alpha by Jeff Neilson While it may not constitute the final “nail in the coffin”, India commemorated the 4th of July by joining China and Russia in announcing they were seeking “alternatives” to the U.S. dollar (as “reserve currency”). With yet one more “prop” removed from the gangrenous greenback, […]