Trusting the government with money creation is like trusting a drunk with a whiskey factory.
Doug CaseyAll these people who think they deserve free health care, or a job, or a plasma screen TV, simply because they radiate heat at 98.6 degrees, or because they were born in a certain place, or because they have a certain skin color - it's all bunk. There's no such thing as a 'just' wage. There's only what you earn.
Doug CaseyDo all that you say you are going to do and don't aggress against other people or their property. That's the whole of the law. I can live with a law like that.
Doug CaseyThere's no doubt in my mind that we'll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.
Doug CaseyToday most funding for science comes through government. That means that you have to be known to be sympathetic to conclusions that are acceptable to the political classes.
Doug CaseyGovernment intervention in the economy - through taxes, regulation and, most importantly, currency inflation - causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression - wherein the entire sickly structure comes unglued.
Doug Casey