The natural tendency of the state is inflation.

Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.

The more these readjustments are delayed ... the longer the depression will have to last, and the longer complete recovery is postponed.

Scratch an egalitarian, and you will inevitably find a statist.

...The very nature of interstate war puts innocent civilians into great jeopardy, especially with modern technology.

There is one good thing about Marx: he was not a Keynesian.

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."