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Category Archives: economy
Run for the hills!
The EU/IMF raiding bank accounts in Cyprus to bail out the country’s financial system sets a dangerous precedent and investors should “run for the hills” said investor Jim Rogers, chairman of Rogers Holdings, on “Squawk on the Street”Thursday. Rogers said that … Continue reading
Posted in capitalism, crisis, economy, government, interventionism, property
Tagged banks, crisis, cyprus, economy, government, interview, jim rogers
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The value of fiduciary dollar
As an example of the dramatic loss of value of the dollar, you can check this online calculator how many dollars you will need today to buy the same item that 100 years ago costed.. 1 dollar. Today you would … Continue reading
Posted in crisis, economy, government, inflation, money, politicians, state
Tagged 1913, 2013, dollar, fiduciary money, inflation, value
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Spending cuts?
Following the news in France, it seems that the Hollande administration (the government which is scaring and chasing the rich away) is now thinking of cutting the public spending… Government spending: dramatic cuts in preparation Maybe it is a good … Continue reading
Posted in crisis, economy, europe, government, humor, politicians, spending
Tagged deficit, france, humor, public spending
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Do we want to be their safety net?
“Taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to … Continue reading
Posted in economy, government, mises, quotes, taxation
Tagged bailouts, government, Mises, quotes, resistance, safety net, taxation, taxpayers
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Fast cash:
A cautionary tale about monetary stimulus in a catchy pop-song! Dorian Electra is great!
Posted in economy, free markets, freedom, government, interventionism, money, music, Phylosophy of Liberty, stimulus
Tagged economy, liberty, money, music, stimulus
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Sandy will save the economy!
And if it is not enough…. we will call the aliens!
Posted in economy, humor, interventionism, spending, USA
Tagged economy, humor, paul krugman, sandy, stimulus
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Mises, government and property rights
“All those in positions of political power, all governments, all kings, and all republican authorities have always looked askance at private property. There is an inherent tendency in all governmental power to recognize no restraints on its operation and to … Continue reading
Posted in capitalism, economy, government, interventionism, libertarianism, mises, Phylosophy of Liberty, quotes, state
Tagged atack, capital, government, liberalism, Mises, property rights, quotes
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