In this report, I cover the early market action from London on Tuesday, January 15th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of oil.
Today I look at what I think is one of the best books about the origin and the nature of money. "What Has Government Done to Our Money" by Murray Rothbard is a classic and must read for those who want to understand what money is and how our current monetary system is a farce and a fraud.
The premise of Rothbard's thinking is that money is the most marketable commodity and that to function properly in a free market economy it should also be free of government control.
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"What Has Government Done to Our Money" by Murray Rothbard: https://mises-media.s3.amazonaws.com/What%20Has%20Government%20Done%20to%20Our%20Money_3.pdf?file=1&type=document
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That is why I love cryptocurrency, the money is mine, I know the inflation and doesn’t have any trust in any government.
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@maneco64, In my opinion, no matter what, we don't have ultimate control over Fiat Money because banks can ban the circulation when they want and now it's visible that, it's only common people who suppress with the monetary system and elites are unaffected from it because they are the players behind the scenes. Stay blessed. 🙂
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Fiat money is been printed and controlled by the goverenment who can at anytime print more and manipulate the circulations and valuation of the money to suit their own interest, which is bad and oppressive to the masses . The best thing is to have a decentralize money just like Bitcoin that nobody can control and influence @maneco64
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I agree. Let the market decide. Get government out of the monetary system. Let precious etals, bitcoin and everything else compete.
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An agreement by decree is no agreement. "Fiat money" is an example of the turning-of-names, sophistry.
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An agreement by decree is no agreement. "Fiat money" is an example of the turning-of-names, sophistry.
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You are a complete moron @ocsure! All I’m trying to do is expose the fraudulent nature of the monetary system and all you can do is be a pedantic a hole!
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First they ignore, then they attack.... Maneco64's smear of Aristotle is unjust. Aristotle identified that money represents demand and a person creates demand from their work. Nichomachean Ethics, Book V, part 5 in Aristotle discussion of justice invalidates Rothbard's false claim. AUSTRIAN ECONOMISTS FAILED and few "opponents" are more responsible for proliferating and enabling the lies. The Mises Institute, Maneco64, et al all appear to be under orders of their handlers not to call a thing what it is. Who benefits?
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@ocsure, You are a stupid muppet! You are probably the one who has handlers.
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I will have to track down the book sounds like a great read. So in essence we can create our own commodities to suit our environment people just need to understand and stop using the IOU's that the queens head on. It's so simple once people click but that's the hard part 💯🐒
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