This, By The Way, Is The Welfare

The Natural Tendency Of The State Is Inflation.

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 Natural Tendency Of Government, Once In Charge Of Money, Is To Inflate And To Destroy The Value Of The Currency.

We Must, Therefore, Emphasize That 'we' Are Not The Government; The Government Is Not 'us.' The Government Does Not In Any Accurate Sense 'represent' The Majority Of The People. But, Even If It Did, Even If 70 Percent Of The People Decided To Murder The Remaining 30 Percent, This Would Still Be Murder And Would Not Be Voluntary Suicide On The Part Of The Slaughtered Minority. No Organicist Metaphor, No Irrelevant Bromide That 'we Are All Part Of One Another,' Must Be Permitted To Obscure This Basic Fact.

All Government Operation Is Wasteful, Inefficient, And Serves The Bureaucrat Rather Than The Consumer.