Democracy virtually assures that only bad and dangerous men will ever rise to the top of government.
Hans-Hermann HoppeWith the socialization of the health care system through institutions such as Medicaid and Medicare and the regulation of the insurance industry (by restricting an insurerโs right of refusal: to exclude any individual risk as uninsurable, and discriminate freely, according to actuarial methods, between different group risks) a monstrous machinery of wealth and income redistribution at the expense of responsible individuals and low-risk groups in favor of irresponsible actors and high-risk groups has been put in motion.
Hans-Hermann HoppeDemocracy allows for A and B to band together to rip off C. This is not justice, but a moral outrage.
Hans-Hermann HoppeAn expropriating property protector (the state, through taxation) is a contradiction in terms
Hans-Hermann HoppeThanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth).
Hans-Hermann HoppeMore paper money cannot make a society richer, of course, โ it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.
Hans-Hermann Hoppe