The level of forethought he had due to his theory and practise of Praxeology. LEGEND:
"Apart from this exchange of fractional coins against legal-tender rurs the agency deals exclusively with the public and not with the government or any of the institutions dependent on it, especially not with the central bank. The agency serves the public and deals exclusively with that part of the public that wants to avail itself, of its own free accord, of the agency’s services. But no privileges are accorded to the agency. It does not get a monopoly for dealing in gold or foreign exchange. The market is perfectly free from any restriction. Everybody is free to buy or sell gold or foreign exchange. There is no centralization of such transactions." - The Theory of Money and Credit, Ludwig von Mises
After reading about Ruritania, I think nostritania would be a cool name
That's pretty cool, man! 🙏
Haha. I can't get enough: "The spectacle that the political scene of the last two decades has offered has been really amazing. Governments without any hesitation have embarked upon vast inflation and government economists have proclaimed deficit spending and “expansionist” monetary and credit management as the surest way toward prosperity, steady progress, and economic improvement." LMFAO
Picking up! :P https://youtu.be/CjrTV5aMS-8
Oh I don't have Damus. That's cool.
Yellow, my bad. Lmao
The orange here would be red if it appeared to time out or not resolve etc.
There won't be a red flag or X against your sub/domain :)
I'm not receiving notifications, but thanks for the zaps. I think I know whom, so thanks, friend!
Cheers bro 🙏 😎
Aye, why not a cold one?
"It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments." - Mises <3
Zapped ser 😂🙏
I ask thee, what hath changed since 1912?
"Apart from the question of financial preparation for war, the arguments urged in favor of the centralization, monopolization, and state control of banks-of-issue in general and of credit-issuing banks in particular are thoroughly unsound." - Guess Who? (Mises)
"Only one thing can conquer war—that liberal attitude of mind which can see nothing in war but destruction and annihilation, and which can never wish to bring about a war, because it regards war as injurious even to the victors. Where liberalism prevails, there will never be war." - Ludwig von Mises