Inflation is what the government does. By printing fiat money, the government imposes a vicious tax on people. Taxation is theft and inflation is the most damaging of theft. Yesterday I paid twice as much for gas as I did… Continue reading →
Even stupid people can do smart things. Contrarywise, even smart people can do stupid things. Here’s a post hauled from the archives where I make that point. When Smart People Have Stupid Ideas.
Born in England in 1737, Thomas Paine emigrated to the British American colonies in 1774. He anonymously published a pamphlet titled Common Sense in 1776, which inspired the American patriots to declare independence from Great Britain in the same year.… Continue reading →