yes, money reduces the latency
government increases it and parasites on the profit
what's the saying: "if tax on cigarettes reduces smoking then what does tax on income do?"
yes, money reduces the latency
government increases it and parasites on the profit
what's the saying: "if tax on cigarettes reduces smoking then what does tax on income do?"
also, mises used the word "catallactic" to refer to the basic nature of exchange, only just dawned on me that is a variant of catalysis and the meaning has to do with how both sides gain, like how a catalyst tends to have a low cost but stimulates a greater efficiency than without
Well, someone who isn't an anarchist could argue that some measure of taxation is necessary to have a functioning state, but I bet that argument wouldn't work on you, so I won't bother. 😀
yeah, i just point to the pre 1913 situation and the sub 3% tax rates and say that the whole taxes meme has been concocted to funnel wealth to bankers, and that government has no business doing business outside of setting standards
no army
no welfare
no courts
just an organisation that gathers and publishes the consensus, that's literally all government can do without being harmful, the moment it starts to use that position to do violence against people's rights (and property, which is part of people's rights) you are on a downward spiral to revolution and neighbours killing neighbours