REPOST : The RBI is the Achilles heel of India’s Constitution
To control the government, it is necessary not only to define the mission of the government, but also its resources.
To control the government, it is necessary not only to define the mission of the government, but also its resources.
Ted Rogers: Bitcoin Fixes The Wealth Gap
Classical economists were also nationalists.
Governments always wrongly consider that economic problems come from lack of demand, and try “correcting” that by massively increasing deficits and using monetary policy
An enormous but difficult to see issue with public goods is that they are assumed to be good.
By a continuing process of inflation governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.