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Michael Matulef
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Know Thyself | Everything Voluntary✌️ | Follow the Tao

“The great non sequitur committed by defenders of the State…is to leap from the necessity of society to the necessity of the State.”

-Murray Rothbard

If AI-driven productivity gains are strong enough, they could delay a market correction by masking the malinvestments fueled by years of easy credit. Lower costs and higher output might make weak investments appear sustainable, creating the illusion of stability. But if those gains slow or fail to offset underlying distortions, the correction remains inevitable.

Money is not just a tool—it is a social institution that emerges from human action and underlies the structure of civilization.

https://fountain.fm/episode/4bzqw9wTKqzC7N7VuGli

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Conflict is not unavoidable. However, it is nonsensical to consider the institution of a state as a solution to the problem of possible conflict, because it is precisely the institution of a state which first makes conflict unavoidable and permanent.

- Hans-Hermann Hoppe

Everything Voluntary ✌️

Economic history is a long record of government policies that failed because they were designed with a bold disregard for the laws of economics.

- Ludwig von Mises

The wise man knows he doesn't know. The fool doesn't know he doesn't know.

A state is a territorial monopolist of compulsion, an agency which may engage in continual, institutionalized property rights violations and the exploitation of private property owners through expropriation, taxation, and regulation

- Hans Herman Hoppe

Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success