Damus

Recent Notes

Alan profile picture
The consequences of going off the gold standard as explained by Murray Rothbard in, "What Has Government Done to Our Money":

"But whether Treasury or Central Bank, the effect of fiat issue is the same: the monetary standard is now at the mercy of the government, and bank deposits are redeemable simply in government paper".

In other words, our store of value for time and energy spent working is placed in a piece of paper the government can, and does, print.

There is a better way! #Bitcoin

You can read "What Has Government Done to Our Money" at:
https://online.fliphtml5.com/brlwz/wkjh/
Alan profile picture
In the November 2025 Future of Freedom print edition, Jacob Hornberger makes a compelling argument connecting the massive killings orchestrated by the "national-security establishment" (done in the name of 'national security'), and the regularly occurring mass killings in the U.S.

In 'A Sick Society, Part 1', Hornberger contends the "off-kilter" people among us are subconsciously tuned into something standard Americans choose not to see - "that the U.S. national-security state itself is a mass killer".

Could it be the invasion and killing of innocent human beings in Iraq, Afghanistan, Gaza, and countless other countries, has birthed an evil virus in the psyche of the "off-kilter" people in America? Does the continuous killing of human beings around the globe, brushed off as collateral damage, or as Donald Rumsfeld so elegantly once stated, "stuff happens", dehumanize life, and serve as food for the virus to metastasize? Do we really live in a sick society, and distract ourselves from the cause of the sickness by focusing on the symptoms?

While Hornberger's piece, 'A Sick Society, Part 1', is not available to read online yet, it will be published soon at https://www.fff.org
Alan profile picture
When the government re-opens will there an opening bell, like they do with the stock market? 🔔

It would be comical to see Trump ring the opening bell. 😂
Alan profile picture
Great piece by Sheldon Richman!
Envy, Ignorance, Barbarism Triumph in New York

"When the state forces other people to pay for what you want, that’s slavery. Mamdani and his ilk insist on the right to medical care, housing, education, “affordable” groceries, etc. But how can such rights exist? Each of those services must be provided by individuals. Don’t they have the right to life, liberty, property, and the pursuit of happiness? If A has a right to B’s labor or the fruits thereof, then B must be A’s slave. I thought good people were against slavery. Did I miss the memo?"

https://libertarianinstitute.org/articles/tgif-envy

Alan profile picture
"The bank creates new money out of thin air, and does not, like everyone else, have to acquire money by producing and selling it's services. In short, the bank is already and at all times bankrupt; but its bankruptcy is only revealed when customers get suspicious and precipitate 'bank runs'".

#Bitcoin fixes this.

Get your FREE copy of What Has Government Done to Our Money at:
https://mises.org/mises-wire/what-has-government-done-our-money-1

Thanks to @Mises Institute (RSS Feed) for providing this this book to help individuals understand what government has done to our money.