August 19, 2019        

It is troubling that after a decade of an economic expansion, the US government is still spending money as it does during and immediately following a recession. It is as if the economy is now in a state of permanent "stimulus."

 

The Keynesian obsession with avoiding deflation and pushing consumer spending has led to a serious decline in savings and capital accumulation.

If the self is the real property of the individual, force may be employed to repel the force that would take from an individual this special bit of property in himself.

The biggest problem, not only economically but also politically, is the debt problem. It is unimaginable, how this madness of creating more and more debt and just pushing the economy by inflating the money supply will end.


    

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