Wednesday Whether in Germany, the US, or elsewhere, the Antifa thugs are allowed free rein by the police, protected by the courts, encouraged by the mainstream media and excused by politicians. Two stories just came my way. The first is of Antifa thugs battering a young woman real estate agent in her own home. The second displays the determination of the US … [Read more...]
Bitcoin or Goats
Tuesday I listened to a speaker a few days ago explain that Gold was money because it was ‘the most marketable good’ (the preferred trading good in the marketplace). He then explained that silver was what was actually used as most people didn’t own Gold and it was too valuable for marketplace trades. If Menger’s theory that money is so by virtue of the fact that it … [Read more...]
Society as a Construct
Thursday Social engineering schemes always fail. As the noted 20th century English philosopher Ringo Starr eloquently noted: “Everything the government touches turns to shit.” My Starr was quite correct. Since the dawn of human society, centralised control, in one form or another, has always, eventually, collapsed that society. But why is that? The … [Read more...]
Perceptions of Truth
Sunday Never mind what the truth is; it is the general perception of truth that matters. They are different. Some of the current perceptions of truth: 1 Prosperity is permanent, 2 debt notes are money, and 3 humanity is doomed because of global … [Read more...]
The March of History: Mises vs. Marx – The Definitive Capitalism vs. Socialism Rap Battle
Friday From the American Institute of Economic Research (AIER) https://www.youtube.com/watch?v=QwqnRYPcrl0 … [Read more...]