The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.

The 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.

What do intellectuals and opinion makers get from big government? An increasing number of cushy jobs in the bureaucracy, or in the government-subsidized sector, staffing the welfare regulatory state, and apologizing for its policies, as well as propagandizing for them among the public. To put it bluntly, intellectuals, theorists, pundits, media elites, etc. get to live a life which they could not attain on the free market, but which they can gain at taxpayer expense.

Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and private enterprise, we must assert that the state is profoundly and inherently anti-capitalist .

Monetary expansion is a massive scheme of hidden redistribution.

True #‎ anarchism will be #‎ capitalism , and true capitalism will be anarchism.

The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd.