Karl Marx said he had discovered the scientific laws of economics.
Value came from labor.
Profit was theft.
Only central planning could build a just society.
But four Austrian economists—Menger, Böhm-Bawerk, Mises, and Hayek—tore his theory apart. 🧵
NEW: Elon Musk supports Ron Paul leading an audit of The Federal Reserve
WE DESPERATELY NEED THIS
Jerome Powell, Chair of the Federal Reserve, openly admitted to FLOODING our system with money they create out of thin air
“Simply flooded the system with money?”
“Yes, we did, that's another way to think about it. We did.”
“Where does it come from? Do you just print it?”
“We print it digitally. So we, you know, we as a central bank we have the ability to create money digitally — We also print actual currency and we distribute that to the Federal Reserve Banks.”
What’s happening in America is roughly equivalent to the yearbook committee and theater kid types getting rocked by a football team and chess club alliance.