What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. ~Ludwig von Mises
This is a big subject. And it’s one that sadly keeps coming up in our political climate! Let’s just RAISE THE MINIMUM WAGE! The poor Poor are suffering. We are selfish for not wanting to help them. “Big Business” is greedy and keeping the little man down. But this is all political hype and distraction […]
A whimsical children’s tale to help explain the wonders and audacious logic of tariffs. == Tank Thompson, wild-eyed and grinning, cut off his own ear at recess. Nobody knew why. Maybe it was a dare no one heard … or just a storm inside him finally breaking loose. Blood slicked his neck. He held the […]
“The only thing that made Yurtle the Turtle an epic failure vs a celebrated hero was TIME. If his turtle stack had stood for even a few years prior to crashing down, people would surely call him a champion for sitting atop the highest mountain ever and staring at the sun with bold determination.” History […]
