Posts

Markus Krall | There was this wonderful book

"There was this wonderful book called "The Hitchhiker's Guide to the Galaxy" and there's a chapter in it where there's a planet where another planet sends all of its lunatics to do no more damage at home. And on this lunatic planet, the Keynesian economists have come to power and decided that they can abolish the scarcity of goods by abolishing the scarcity of money. They then declared the leaves of trees to be money, which of course immediately led to hyperinflation. This was then countered with a forest defoliation program. And let me tell you, ladies and gentlemen, some of these "foliage faction" have made it here. They're sitting in the central banking worlds today, in the Governing Council of the ECB and at the Fed, and they're telling us with their Modern Monetary Theory that it's possible in all seriousness to overcome the scarcity of goods by abolishing the scarcity of money and being able to buy everything, anything, everything, if we just print enough money."

Markus Krall

Ingolfur Blühdorn | Politics is losing ground dramatically to the power of the markets

"It has long been obvious in the Western tribal countries of democracy that the promises inherent in this concept will probably remain unfulfilled: Politics is losing ground dramatically to the power of the markets; supposedly democratic systems are firmly in the hands of powerfully organized interests and have less and less to do with popular sovereignty - if there ever was any. Social inequality and the disenfranchisement and reification of citizens as mere administrative objects or human resources are advancing inexorably - though every step of disenfranchisement is communicated as emancipatory gain."

Ingolfur Blühdorn

Roland Baader | It is … a naivety that cannot be excused by anything to believe

"It is ... a naivety that cannot be excused by anything to believe that a state can be total in the economic sphere without being so at the same time in the political and spiritual sphere ...." ... Democracy and socialism are not a tautology (à la Oskar),but radical, mutually exclusive opposites. Democracy is a method of limiting and controlling power. Socialism, on the other hand, always denies the individual freedom of choice of individuals over their economic preferences and life goals (supposedly in favor of the general public, the collective); thus socialism always assigns sovereignty over the decisive existential forces and life motivations to the state or a party or political cliques, and thus socialism is never a system or method for limiting power, but always and everywhere pseudo-moral justification for patronizing life, carte blanche for cynically moralizing unrestrained power."

Roland Baader

John Adam | All the Perplexities, Confusions and Distresses in America

"All the Perplexities, Confusions and Distresses in America arise not from defects in their Constitutions or Confederation, not from a want of Honour or Virtue, So much as from downright Ignorance of the Nature of Coin, Credit and Circulation."

John Adams

Vladimir Lenin | The way to crush the bourgeoisie

"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."

Vladimir Lenin

Ludwig von Mises | Nothing can make a demagogue more popular today

"Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich [...] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them."

Ludwig von Mises

Roland Baader | Ecologism is a decay product of Marxism

"Ecologism is (among quite a few other ism) a decay product of Marxism. The failed "impoverishment thesis" is replaced by the eco- and climate catastrophe. The goal is the extinction of capitalism - and thus of Western freedom."

Roland Baader

Friedrich August von Hayek | all forms of collectivism lead eventually to tyranny

"Through the inevitable mismanagement of resources and goods at the disposal of the state, all forms of collectivism lead eventually to tyranny."

Friedrich August von Hayek

Roland Baader | Let us free ourselves from the true evil (state counterfeit money)

"It may be too late to avert the financial disaster that lies ahead of us, but we must at least prevent the road to financial ruin from also becoming a road to servitude. Let's talk our heads off and write our fingers to the bone, let's make ourselves outsiders and ridiculed figures if necessary, but let's fight to ensure that the basis of people's freedom, the market economy, is not presented to them as the alleged culprit and executed by the henchmen of power under the false pretext. Otherwise, it is we ourselves, our happiness and prosperity and freedom, who die with the market. Let us free ourselves from the true evil, from the fuel of presumptuous domination and destructive lies: from state counterfeit money."

Roland Baader

Woody Harrelson | Of course, we live in a completely corrupted world

"Of course, we live in a completely corrupted world where every government is just a bunch of businessmen working for a bunch of bigger businessmen and none of them give a shit about the people. The sad fact is no one knows how to change it, because no one knows how to take on the corporations. So I guess we’re stuck with this system until the oil runs out."

Woody Harrelson

Milton Friedman | shortage of sand

"If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand."

Milton Friedman

H. P. Lovecraft | It is not a true civilization

"It is not a true civilization, and has nothing in it to satisfy a mature and fully developed human mind. It is attuned to the mentality of the galley-slave and the moron, and crushes relentlessly with disapproval, ridicule, and economic annihilation any sign of actually independent thought and civilised feeling whith chances to rise above its sodden level. It is a treadmill, squirrel-trap culture – drugged and frenzied with the hashish of industrial servitude and material luxury. It is wholly a material body-culture, and its symbol is the tiled bathroom and steam radiator rather than the Doric portico and the temple of philosophy. Its denizens do not live or know how to live."

H. P. Lovecraft

W.L. Mackenzie King | Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws.

"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile."

William Lyon Mackenzie King

George Bernhard Shaw | You have to choose between trusting

"You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold."

George Bernhard Shaw

Ronald Reagan | inflation is a tax and not by accident

"When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident."

Ronald Reagan

James Abram Garfield | Whoever controls the volume of money in our country

"Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."

James Abram Garfield

Henry Hazlitt | creates money in order to cover its budget deficits

"If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences."

Henry Hazlitt

Larry P. McDonald | böser Plan für eine Weltregierung

"Der Antrieb der Rockefellers und ihrer Verbündeten besteht darin, eine Ein-Welt-Regierung zu schaffen, die Superkapitalismus und Kommunismus unter einem Zelt vereint, alle unter ihrer Kontrolle... meine ich Verschwörung?Ja, ich will.Ich bin überzeugt, dass es eine solche Verschwörung gibt, die international ist, Generationen alt in der Planung und unglaublich böse in der Absicht."

Larry P. McDonald

Elon Musk | Drug dealers know more about running a business

"Drug dealers know more about running a business than 95% of college professors."

Elon Musk

Thomas Sowell | More whites were brought as slaves to North Africa

"More whites were brought as slaves to North Africa than blacks brought as slaves to the United States or to the 13 colonies from which it was formed. White slaves were still being bought and sold in the Ottoman Empire, decades after blacks were freed in the United States."

Thomas Sowell

Milton Friedman | Every friend of freedom

"Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence."

Milton Friedman

Steve Jacobson | Political and economic power

"Political and economic power in the United States is concentrated in the hands of a “ruling elite” that controls most of U.S.-based multinational corporations, major communication media, the most influential foundations, major private universities and most public utilities. Founded in 1921, the Council of Foreign Relations is the key link between the large corporations and the federal government. It has been called a “school for statesmen” and “comes close to being an organ of what C. Wright Mills has called the Power Elite – a group of men, similar in interest and outlook shaping events from invulnerable positions behind the scenes. The creation of the United Nations was a Council project, as well as the International Monetary Fund and the World Bank."

Steve Jacobson

Peter Schiff | the most incompetent economists

"Soon investors will realize that the most incompetent economists in the world work for central banks. The second most incompetent economists work for government. The third most incompetent work for major universities and the forth most incompetent work for large investment banks."

Peter Schiff

Roland Baader | The word ‘democracy’ is a heavy intoxicant

"The word 'democracy' is a heavy intoxicant. It prevents learning, clouds the mind, confuses thinking, creates delusions - and eventually makes you sleepy and apathetic. Today's democracy junkies would murder Socrates again."

Roland Baader

Monika Hausammann | Inflationary policy is thus robbery policy in a double sense

"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate."

Monika Hausammann

Henry Ford | a revolution before tomorrow morning

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Henry Ford

Thomas Sowell | The welfare state is the oldest con game in the world

"The welfare state is the oldest con game in the world. First you take people's money away quietly and then you give some of it back to them flamboyantly."

Thomas Sowell

John Maynard Keynes | governments can confiscate, secretly and unobserved, an important part of the wealth

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."

John Maynard Keynes

James Paul Warburg | We shall have world government

"We shall have world government, whether or not we like it. The question is only whether world government will be achieved by consent or by conquest."

James Paul Warburg