Just As No One Is Morally Required

Positivism Eliminates Any Kind Of Natural Law Principle - For Example, That There Are Economic Laws Which Can Be Transgressed Only At Your Peril. With Positivism, There Is A Tendency To Leap Into Ad Hoc Economic Theory.

The Ingenious Slogan That The Public Debt Does Not Matter Because 'we Owe It To Ourselves' Is Clearly Absurd.

I See A Great Future For Gold And Silver Coins As The Currency People May Increasingly Turn To When Paper Currencies Begin To Disintegrate.

So: If The Chronic Inflation Undergone By Americans, And In Almost Every Other Country, Is Caused By The Continuing Creation Of New Money, And If In Each Country Its Governmental "central Bank" (in The United States, The Federal Reserve) Is The Sole Monopoly Source And Creator Of All Money, Who Then Is Responsible For The Blight Of Inflation? Who Except The Very Institution That Is Solely Empowered To Create Money, That Is, The Fed (and The Bank Of England, And The Bank Of Italy, And Other Central Banks) Itself?

The State Has Typically Been A Device For Producing Affluence For A Few At The Expense Of Many.