More paper money cannot make a society richer, of course, it is just more printed-paper. Otherwise why is it that there are still poor countries and poor people around?
Hans-Hermann HoppeDifferent people rise to the top under socialism than under capitalism. The higher on the socialist hierarchy you look, the more you will find people who are too incompetent to do the job they are supposed to do.
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 HoppePublic officials are permitted to finance or subsidize their own activities through taxes. That is, they are permitted to engage in and live off, what in private dealings between private law subjects is prohibited and considered 'theft' and 'stolen loot.'
Hans-Hermann Hoppe