“It’s a whole other thing if you’re encouraging and cheering on the proposed murder of Americans who are standing in defense of the freedom of speech, and then not doing anything about it. Why did the FBI only have one agent there? And not a team waiting for them to shoot back?”
Government has been the cause of monetary disorder in our society. A free market in money and banking would be the solution to our “age of inflation.” Government central-planning of money has been tried and it has failed. It is now time for monetary freedom to be given a chance.
In economics Hayek is a radical; but in philosophy, unlike Ayn Rand, Hayek is a conservative.
The enemies of capitalism indicted the society of liberty; they distorted the reality of capitalism and its brilliant triumphs in freeing man from poverty; and they imbedded in the minds of many the conception of political entitlements that serve the power ends of political paternalists and which requires the plundering of the peaceful and productive members of society.
What was Khrushchev’s role in Stalin’s mass terror campaigns against the Communist Party members and the general population?
May the Olympic Games always shine as the torchlight of and for the human mind.
The concept “enemy of the people” actually eliminated the possibility of any kind of ideological fight or the making of one’s views known on this or that issue, even [issues] of a practical nature
Free banking and monetary rules were rival ideas for guarding against abuses of discretionary monetary policy, today they are properly seen as complementary schemes, one for improving the performance of the banking system, the other for reforming the base-money regime.
On the Fed’s “instruments of monetary control,” which include devices for regulating the total quantity of bank reserves and circulating Federal Reserve notes, and also for regulating the quantity of bank deposits and other forms of privately-created money that will be supported by any given quantity of bank reserves.
A better alternative, if only it can somehow be achieved, or at least approximated, is a monetary system that adjusts the stock of money in response to changes in the demand for money balances, thereby reducing the need for changes in the general level of prices.
Aiming to establish a classless agrarian utopia where there was complete rejection of capitalism, the Khmer Rouge destroyed all the cities, all the industries, hospitals and schools, and every speck of modernity in Cambodia.
What sort of monetary policy or regime best avoids the costs of having too much or too little money?
Every day, businesses make the world a better place to live, profitably, by creating and trading material values, by mutual consent and for mutual benefit. It’s time we’d recognize it and appreciate business people for what they do. Such a cultural change would, in time, create business heroes also in Hollywood movies and spiritual fuel for all of us.
The recent vote within the United Kingdom to withdraw from the European Union has implicitly once again raised the issue of the right of self-determination through secession. In other words, do individuals have a right to determine under which political authority they shall live and have representation?
This video is a glimpse into the world of VanDamme Academy – a world we hope to share even more, in a full documentary.