If we look around, then, at the crucial problem areas of our society - the areas of crisis and failure - we find in each and every case a โred threadโ marking and uniting them all: the thread of government. In every one of these cases, government either has totally run or heavily influenced the activity.
Murray RothbardInflation, being a fraudulent invasion of property, could not take place on the free market.
Murray RothbardWhat 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.
Murray RothbardUnlike the days of the gold standard, it is impossible for the Federal Reserve to go bankrupt; it holds the legal monopoly of counterfeiting (of creating money out of thin air) in the entire country.
Murray Rothbard