Showing posts with label counterfeiter. Show all posts
Showing posts with label counterfeiter. Show all posts

Monday, September 22, 2008

Dr. Evil to the Rescue



My question is, if it’s so easy to just create this kind of “money” out of thin air, why only half a trillion? Hell, let’s fire up those printing presses! I say we should make it $100 trillion dollars (my finger raised to the corner of my mouth) and let’s not stop there. Let’s give every person in this country let’s say . . . oh, I don’t know . . . $1 million (once again finger to mouth); that should really fix things!
The problem with this kind of thinking is it won’t work. All that will happen is the problem will get much worse, inflating our already devalued dollar. The government knows this yet still has no problem creating more “wealth” out of nothing. You cannot make something out of nothing; it doesn’t work that way. This is nothing more than a scheme, one that would land the average broker on Wall Street in prison, but the government gets away with it every day! The United States government is the number one counterfeiter in the world, the number one Ponzi scheme operator and the number one enemy of the free market system.

Wednesday, June 18, 2008

Taking Money Back


If taxation is permanently short of the style of expenditures desired by the State, how can it make up the difference? By getting control of the money supply, or, to put it bluntly, by counterfeiting. On the market economy, we can only obtain good money by selling a good or service in exchange for gold, or by receiving a gift; the only other way to get money is to engage in the costly process of digging gold out of the ground. The counterfeiter, on the other hand, is a thief who attempts to profit by forgery, e.g., by painting a piece of brass to look like a gold coin. If his counterfeit is detected immediately, he does no real harm, but to the extent his counterfeit goes undetected, the counterfeiter is able to steal not only from the producers whose goods he buys. For the counterfeiter, by introducing fake money into the economy, is able to steal from everyone by robbing every person of the value of his currency. By diluting the value of each ounce or dollar of genuine money, the counterfeiter's theft is more sinister and more truly subversive than that of the highwayman; for he robs everyone in society, and the robbery is stealthy and hidden, so that the cause-and-effect relation is camouflaged.
Read more: http://www.lewrockwell.com/rothbard/rothbard181.html