Tag Archives: Dollars

Henry Ford on fractional-reserve banking.

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”

The Federal Reserve in 5 minutes.

Murray Rothbard – The Case for a 100 Percent Gold Dollar. (I’ll try to remember adding more Murray pieces after I finish them).

Quotes.

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No matter HOW many times the difference between politics is economics is stated, it’s NEVER going to be accepted by the majority.

If I could send you to jail if you didn’t buy hamburgers at the price that I wanted to, or if you didn’t buy as many hamburgers as I wanted you to, do you think I would supply you a very good hamburger?

Or let’s put it this way: one the one hand, I can use violence against you if you don’t buy my hamburgers at the prices that I ask, and also if you don’t buy as many of them as I want you to.

On the other hand, I cannot.

Under which circumstance do you think higher quality hamburgers are going to be provided?

Or let’s put it to you another way:

If I’m willing to use violence against you for not buying my hamburgerswhat makes you think that I will even create the hamburgers at all, and won’t just take your money anyway WITHOUT providing the hamburgers?

This is the political and economic forces at work.

Some will say “Cody, you can’t compare that to government, because government provides police protection, the roads, and the military.”

Obviously, they’ve never read a history book and understood it, so why even explain to them history and try to explain to them why it could have occurred?

Voluntarism and Capitalism.

Paying Taxes Should Be Voluntary.

Anarch.