"The state's ability to fund its wars through fiat money has led to a situation where war has become a permanent feature of modern society. The state can now wage war without having to worry about the financial consequences, and this has led to a proliferation of wars and military conflicts around the world."

- Hans-Hermann Hoppe

"The Economics and Ethics of Private Property" (1993)

The settlement of sound money couldn’t keep up with the Information Age, and over 50% of all gold is held by US, Germany, IMF, Italy & France. Cypherpunks envisioned separation of money and state through decentralized open source network based on proof of work and encryption.

Oh wait! The World just got one of those credit card applications offering a balance transfer of $338,000,000,000,000 at 0% interest for two years. Problem solved!

That red part appears to be growing faster than everything else. 😳

"The suppression of free speech is always a sign of a government that is afraid of the truth, and therefore afraid of its own people."

- F. A. Hayek

“It’s time to limit the 1st amendment in order to protect it.” That’s like saying you should burn down the house to protect it from fire. 🤦‍♂️

"The use of inflation to finance war is a particularly pernicious form of taxation, as it falls disproportionately on the poor and the middle class."

- F. A. Hayek

"War bonds are a form of forced loan, where the government compels its citizens to lend it money at below-market interest rates, and then uses that money to wage war."

- Murray N. Rothbard

How they finance war today…

How they used to finance wars…

"Socialism is a system based on the principle of 'to each according to his needs,' but it always ends up being 'to each according to his political pull.'"

- F. A. Hayek

“When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it.”

- Frédéric Bastiat (The Law, 1850)

Feels like we are experiencing the a fourth turning. How are you all protecting what savings you have?

When we print money we corrupt the language of value.

“Language is a tool of human action, and its meaning is derived from the purposes and values of the individuals who use it."

- Murray N Rothbard

"The value of a good is not determined by the labor or other resources that went into its production, but by the subjective preferences of the individual consumers.”

- Murray N Rothbard

https://blossom.primal.net/1950a5d006361bde031bc896b92728a97b46bd75e527191e1fd21aeb0a269208.mp4

"The fiat money system is like a never-ending game of musical chairs, where the music is played by the central bank, and the chairs are the value of the currency."

- Hans-Hermann Hoppe

Anyone else feeling the smack of inflation this year?

"Inflation: When your salary increases, but the cost of life increases faster." -Anon

As of Christmas 2025 it’s now $64.95.

Remember that it’s your time and energy that’s being debased! Fiat money doesn’t care about either of these.

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“I don't believe we shall ever have a good money again before we take the thing out of the hands of government. We can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.”

- F. A. Hayek, 1984

“Inflation is when you pay $15 for the $10 haircut you used to get for $5 when you had hair.” - Sam Ewing

"Socialism has never and nowhere been at first a working-class movement. It is by no means an obvious remedy for an obvious evil, but rather the construct of intellectuals."

- F. A. Hayek

Road To Serfdom (1944)