More 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 HoppeNo, the state is anything but the result of a contract! No one with even just an ounce of common sense would agree to such a contract. I have a lot of contracts in my files, but nowhere is there one like this. The state is the result of aggressive force and subjugation. It has evolved without contractual foundation, just like a gang of protection racketeers. And concerning the struggle of all against all: that is a myth.
Hans-Hermann HoppeContrary to any claim of a systematically โneutralโ effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.
Hans-Hermann HoppeWhat is true, just, and beautiful is not determined by popular vote. The masses everywhere are ignorant, short-sighted, motivated by envy, and easy to fool. Democratic politicians must appeal to these masses in order to be elected. Whoever is the best demagogue will win. Almost by necessity, then, democracy will lead to the perversion of truth, justice and beauty.
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 Hoppe