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“What is the basic purpose of central banking? The intimate connection that exists between central banking, government expansion, and central planning offers a clue. Central banking
is nothing but central planning applied to money and banking. It is no part of a genuine free-market economy.”
― Gold and Liberty
is nothing but central planning applied to money and banking. It is no part of a genuine free-market economy.”
― Gold and Liberty
“Protectionism is mutual masochism.”
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“Only immoral morons believe strongly in oxymoronic notions and seek to impose their delusions on innocents.”
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“Redistribution is a euphemism for legalized grand larceny; you don’t create wealth by stealing it, any more than you multiply it by dividing it. Moreover, don’t the means of production include not only machines but people — that is, laborers? When human capital is publicly owned, it’s akin to slavery.”
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