Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.
Murray RothbardThe more the government intervenes to delay the market's adjustment, the longer and more grueling the depression will be, and the more difficult will be the road to complete recovery.
Murray RothbardModern economics is a set of formal models and equations purporting to fully determine human behaviour, at least in the economic realm. And there is no way that uncertainty can be compressed into determinate mathematical models.
Murray RothbardThe best way to help the poor is to slash taxes and allow savings, investment, and creation of jobs to proceed unhampered.
Murray RothbardTrue #โ anarchism will be #โ capitalism , and true capitalism will be anarchism.
Murray RothbardJust as no one is morally required to answer a robber truthfully when he asks if there are any valuables in oneโs house, so no one can be morally required to answer truthfully similar questions asked by the State, e.g., when filling out income tax returns.
Murray RothbardKissinger's major, and most lucrative role, has come as head of Kissinger Associates in New York City, founded on a loan obtained in 1982 from the international banking firm of E.M. Warburg, Pincus and Company. Nominally, Kissinger Associates (KA) is an "international consulting firm" but "consultant" covers many sins, and in KA's case, this means international political influence-peddling for its two dozen or so important corporate clients.
Murray Rothbard