Because they believe in the messianic state, which they believe can turn stones into bread.Gary North (2010)
Wait a minute. It wasn't the Messiah who turned stones into bread. It was the devil who recommended this (Matthew 4).
Showing posts with label Gary North. Show all posts
Showing posts with label Gary North. Show all posts
Thursday, November 25, 2010
Stones to Bread
Thursday, September 23, 2010
Gary North on Mises' Contribution
The State's coercive interference in either money or banking, including its licensing of a monopolistic central bank, reduces all men's freedom and most men's wealth.
Gary North on Ludwig von Mises' "most important and unique contribution" (2002, Mises on Money)
Wednesday, February 10, 2010
Money and Things
The man in the street does not need more money. He needs more of the things money can buy. This means that he needs greater output. He says, "I need more money," but he means, "I need greater output with which to buy scarce consumer goods." The economists say, "The economy needs more money," because they believe that people's output can increase only when there is an increase in the money supply. The state or the state-sanctioned banking system must supply this extra money.Gary North (What is Money? Pt 12 Why Central Bankings Persists) 11/4/2009
Tuesday, February 9, 2010
Future Impossibilities
I will not be around at that time.Taken from What is Money? Pt 11 The Great Default by Gary North
The quote is the paraphrased response of Major Leaders in the West when warned about the impossibility of funding social programs like Medicare/Social Security per Peter Peterson circa 1995-2000
Monday, January 11, 2010
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