The Federal Reserve, created in 1913, enabled US participation in WWI through money printing, aligning with the Marxist concept of central banking outlined in the 1848 Communist Manifesto.
Money printing corrupts both currency and individuals, creating a powerful incentive for political control and leading to the corruption of the human soul driven by greed and power lust.
Keynesian economics, funded by money printing, produces propaganda justifying inflation and money supply management, creating a vicious cycle of theft and rationalization.
The Austrian School of economics emphasizes understanding the world through philosophy, political philosophy, and history, contrasting with mainstream economics’ focus on mathematical modeling.
The Mises Institute provides an alternative to government-funded think tanks, focusing on long-term economic education and research in the tradition of Ludwig von Mises, Murray Rothbard, and Friedrich Hayek.
Austrian economists predicted the 2008 financial crisis years in advance, understanding that central banks cause boom and bust cycles through money supply manipulation.
Lincoln’s real agenda, revealed in his first inaugural address, was to protect slavery, support the Fugitive Slave Act, and enshrine slavery in the Constitution with the Corwin Amendment.
Lincoln threatened invasion and bloodshed over tariff collection, doubling the federal tariff tax and sending warships to Charleston Harbor to protect the customs office.
The Corwin Amendment, supported by Lincoln, would have prohibited the Federal government from ever interfering in slavery, enshrining it in the Constitution.
Foreign aid often benefits rich American corporations more than intended recipients, primarily providing goods and services from these corporations.
Minimum wage laws and labor union empowerment during the Great Depression worsened unemployment by creating price floors and enabling unions to push up wages.
Government spending is an inevitable misallocation of capital due to the theft that funds it, as politicians use taxation and inflation to take money from producers.
Market competition, within the limits of private property rights, drives prices down, product quality up, and real wages up through a dynamic discovery process.
Socialism, encompassing government ownership of production and income redistribution, is inefficient, akin to a flat food tax leading to spoilage and inefficiency.
Perfect competition is a straw man argument, as real-world imperfections are used to label deviations as market failures, despite evidence disproving these claims.
Bitcoin, as a decentralized currency, has the potential to be corruption-resistant money, unlike government-controlled fiat prone to manipulation.
Cryptocurrency, particularly Bitcoin, is a positive development despite current volatility, enabling online trading without government oversight.
Competing currencies were taxed out of existence during Lincoln’s regime to establish the Greenback dollar as monopoly money, with Lincoln imposing taxes on alternatives.
Deflation from the Civil War to the turn of the 20th century, despite the absence of a central bank, resulted from the gold standard and technological advancements, which should be happening today but is prevented by the Federal Reserve’s 2% inflation target.
