“Taxation is theft, purely and simply even though it is theft on a grand and colossal scale which no acknowledged criminals could hope to match. It is a compulsory seizure of the property of the State’s inhabitants, or subjects.” ― Murray N. Rothbard
It is no crime to be ignorant of economics, which is a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud, vociferous opinion on economic subjects while remaining in this state of ignorance.
-Rothbard
There is practically nothing worth reading in all of Keynes' moronic writings except this. This explains all of Keynesian economics: the literal and financial rape of the next generation.
Bitcoin’s most profound breakthrough is the ability to convert economic energy into digital form and bind it securely to a person, family, company, machine, or nation.
Your modern State doesn’t merely tax your income.
It devalues your money.
Tracks your car.
Screens your speech.
Subsidizes favored industries.
Destabilizes regions.
Fights wars abroad.
Then calls anyone skeptical of this arrangement “extremist.”
Rothbard was just early.
Every State program comes with experts explaining why you couldn’t possibly understand life without it.
Central banking.
War.
Tariffs.
Surveillance.
Rothbard:
“The greatest danger to the State is independent intellectual criticism.”
Now you understand why.
And separating (absolutely scarce) property from any outside control (including the state) with zero storage cost with unlimited portability and divisibility that is unconfiscatable (if properly secured) is the ultimate expression of that liberty.
#Bitcoin
Republicans warn that socialism will take your wealth.
Then they vote for deficits, easy money, bailouts and endless war - the machinery that drains the value from every dollar you earn.
Apparently confiscation is fine when it’s done through the currency. Quit voting for them.
TNSTAAFL: Nothing is “free.” Not stimulus checks. Not bank bailouts. Not occupations in the Middle East.
When Washington refuses to tax you honestly, it borrows and debases instead.
Inflation is the tax politicians impose when they’re too cowardly to send an actual invoice.